
Healthy snacking brand Farmley aims to double revenue to Rs 600-700 cr in FY26
New Delhi, Jul 18 (PTI) Healthy snacking brand Farmley expects revenue to nearly double to Rs 600-700 crore in the current financial year, driven by growing demand for nutritious snacks, the company said on Friday.
The Noida-headquartered startup, founded in 2017 by two Indian Institute of Technology alumni, reported a revenue of Rs 370 crore during FY 2024-25.
'We aim for Rs 600-700 crore revenue in the current fiscal with expansion of our presence in both offline and online channels," the company's CEO and co-founder Akash Sharma told PTI at a healthy snacking summit.
Farmley plans to invest Rs 40-50 crore in a new factory near Noida to boost production capacity, with the facility expected to be operational next year, Sharma said. The company hopes to achieve profitability in the current financial year.
The firm's product portfolio includes dry fruits, seeds, healthy snacks, savouries and ready-to-eat mixes, focusing on quality, nutrition and affordability.
A company report released on Friday showed roasted and flavoured dry fruits were the most preferred savoury snack among 36 per cent of respondents, while 19 per cent specifically chose makhana, a type of puffed lotus seed.
Over 55 per cent of survey participants said they actively seek clean, preservative-free snacks, while 52 per cent prefer resealable, eco-conscious packaging. Nearly 45 per cent of consumers favour portable snack formats like dry fruit-based desserts and energy bars. PTI LUX LUX SHW
(This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments
First Published:
July 18, 2025, 18:15 IST
Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
11 minutes ago
- Time of India
Reliance Consolidated Profit at Record ₹26,994 Crore in June Quarter
Mukesh Ambani-led Reliance Industries (RIL) reported a 78% rise in June quarter earnings, posting a record consolidated net profit of ₹26,994 crore, attributable to the company owners, up from ₹15,138 crore in the same period last year. Earnings were boosted by strong double-digit growth in the consumer businesses and a one-time gain of ₹8,924 crore from sale of a stake in Asian Paints. Excluding the exceptional item, profits rose 25%. Consolidated profit after tax was ₹30,681 crore, up 76% from ₹17,448 crore in the year earlier. Reliance on Friday said consolidated quarterly Ebitda and net profit were at their highest. Explore courses from Top Institutes in Select a Course Category Gross revenue increased by 6% to ₹2.73 lakh crore, while Ebitda rose 35.7% to ₹58,024 crore. 'Reliance has begun FY26 with a robust, all-round operational and financial performance,' chairman and managing director Ambani said. 'Consolidated Ebitda for Q1 improved strongly from the year-ago period, despite significant volatility in global macros.' He added that the registered customer base of the retail businesses expanded to 358 million and that it was focusing on strengthening its portfolio of its own FMCG brands. 'The performance of our businesses and growth initiatives gives me confidence that Reliance will continue its stellar track record of doubling every four to five years,' he said. RIL's stock ended nearly flat at ₹1,476.85 on Friday. Earnings were announced after market hours. Jio Platforms , which houses the telecom and digital units, posted a 25% year-on-year rise in first quarter net profit, boosted by the continued addition of data users. Jio Platforms' consolidated net profit rose to ₹7,110 crore, from ₹5,698 crore a year earlier, and ₹7,022 crore in the preceding three-month period, the company said. Average revenue per user (ARPU) rose 1.3% sequentially to ₹208.8, from ₹206.2. JioStar, the media and entertainment unit, reported revenue of ₹9,904 crore and Ebitda of Rs 1,017 crore. A blockbuster IPL season helped push JioHotstar app downloads past 1 billion on Android and viewership to a record 1.19 billion across TV and JioHotstar. Monthly active users averaged over 460 million. The retail division, which had 19,592 stores at the end of June selling grocery, consumer electronics and apparel, posted net revenue of ₹73,720 crore. Net profit rose 28% to ₹3,271 crore, while gross revenue increased 11% to ₹84,171 crore from the year previous. 'Retail's business performance registered customer base expanded to 358 million, along with significant improvement across operating metrics,' Ambani said. Reliance Retail 's biggest segment —consumer electronics and devices—was impacted due to the early monsoon onset but recovery is underway. It opened 388 new stores in the first quarter and had 77.6 million square feet of retail space at the end of June. JioMart continued to expand quick hyperlocal deliveries, posting 68% growth sequentially, and a 175% on-year surge in daily orders. Average bill value at the consumer electronics business rose 26% and conversions increased 200 basis points from the year before. AC sales, however, were hit by the rainy season starting early. In the fashion and lifestyle division, growth picked up with multiple initiatives undertaken in the last four quarters, and the emerging formats of GAP, Azorte and Yousta posting 59% growth. These account for over 170 stores. Within grocery, it saw broad-based growth across categories with home and personal care growing at 15%, fruits and vegetables at 15% and packaged foods at 13%. The consumer products business, which includes Campa and Independence, recorded sales of ₹4,400 crore during the quarter. 'Reliance Retail delivered resilient performance during this quarter driven by our relentless focus on operational excellence, geographical expansion and sharper product portfolio,' said Isha Ambani, executive director, Reliance Retail Ventures. 'Our continued investments in cutting-edge technologies and differentiated product offerings have enabled us to serve our customers better and scale with agility.' Earlier in the day, the company said it had acquired Kelvinator, a strategic move poised to amplify its leadership in India's fast-growing consumer durables sector. The oil-to-chemicals (O2C) business saw Ebitda rise 11% to ₹14,511 crore due to favourable margins on domestic fuel retail, and improvements in transportation fuel cracks. This was partially offset by lower volumes and polyester chain margins. Reliance BP Mobility's retail fuel network expanded to 1,991 outlets, outpacing industry growth. Revenue dipped 1.5% to Rs 1.55 lakh crore from a year earlier due to lower crude prices and planned maintenance shutdowns. The Jio-bp combine expanded 35% in petrol and diesel sales in the quarter, from the year before. The company said it will start operationalising new energy generation projects in the next four to six quarters on a full-scale basis and will be installing around 50 megawatts of modules and 175 megawatt hours of batteries each day. It is also setting up dedicated transmission lines from Kutch to Jamnagar to get the energy to the latter site.


Time of India
14 minutes ago
- Time of India
Minister asks banks to avoid under financing
1 2 Ranchi: Agriculture minister Shilpi Neha Tirkey on Friday asked the banks to avoid under-financing of farmers adding the financial institutions should also go out of their ways to sanction their loans. The minister was addressing the 44th foundation of National Bank for Agriculture and Rural Development (NABARD). The minister also announced that NABARD would soon launch the e-kisan credit card portal through which the loan applications would be accepted or rejected in three to four days adding that at present many farmers have to visit banks for months for loans. The minister stated, "Under-financing of farmers by some of the banks is a crime. If a farmer does not get money for his plans it is unlikely that he or she would implement them properly which in turn would affect his ability to repay." She stated that there are several schemes in agriculture department but different agencies are working in isolation adding that state government, NABARD and banks should work as a team to achieve the government targets. She also emphasized on creating awareness among farmers on government schemes while saying, "Many of them are unable to get benefits of projects due to lack of knowledge. For instance only a small proportion of farmers are associated with primary agricultural credit society and getting subsidized seeds." Speaking to reporters after the function she stated that heavy rainfall this monsoon has caused damages to millet, pulses and oilseeds crops but it has not affected paddy so far. She said, "Direction would be issued to deputy commissioners to assess the situation and if needed a meeting would be held at state level as well." While addressing the function secretary finance Prashant Kumar stated that in the last 25 years NABARD has sanctioned loans amounting to Rs 24,500 crore under the Rural Infrastructure Development Fund out of which Rs 19,500 has been received. Earlier a panel discussion on 'Fostering Rural Entrepreneurship for Inclusive Growth' was also held. Secretary rural development K Srinivasan and experts from various organizations participated in the talk. Several progressive farmers were also honored on the occasion. Chief general manager NABARD Gautam Kumar Singh, convener State Level Banker's Committee Guru Prasad Gond, deputy general manager Reserve Bank of India Anamika Sharma were among the participants.


Time of India
14 minutes ago
- Time of India
Haryana private schools try to bypass fee scrutiny with this ‘0'
Gurgaon: Haryana's directorate of secondary education has warned private schools of action after detecting discrepancies in fee structures declared by them. According to the directorate, most private schools filled '0' in the section for declaring 'under head fees' in Form 6 submitted for the 2025-26 academic year. 'Under head fees' includes amount charged by schools for non-academic purposes such as building funds, library, laboratory, sports and development costs. "Almost each school in the column 'under head fee' for the year 2025-26 filled zero, which the case may not be, because schools are charging fees from students," the directorate's July 17 memorandum noted. You Can Also Check: Gurgaon AQI | Weather in Gurgaon | Bank Holidays in Gurgaon | Public Holidays in Gurgaon It has now asked district education officers (DEOs) to ensure that schools under their jurisdiction correct the entries by July 31, failing which the department can initiate action, including penalties and restrictions. Haryana has 10,701 recognised private schools, which have to mandatorily submit Form 6 to the govt every academic year. The form includes details about the school, registration certificate, breakdown of the fee structure and operational costs. This document makes the business of schooling transparent and helps authorities prevent any arbitrary increase in fees. Norms state that schools must publicly display their Form 6 on campus notice boards or their websites. Inaccurate disclosures can be punished with a ban by the govt on increasing school fees in an academic year. Parents said on Friday that the govt's warning was much-needed, considering most private schools in Gurgaon charge anywhere between Rs 15,000 to Rs 30,000 as monthly fees. "If almost all private schools have shown zero under-head fees, then it is clearly not the case. Most schools charge high amounts as fees. This is a cover-up. Schools preach values such as truthfulness, but when it comes to fees, they do the exact opposite," said Pradeep Rawat, head of Gurgaon Parents Association. But private schools' associations pushed back against the notion that all institutes submitted inaccurate data. "We respectfully state that this generalisation is not factually accurate. Many schools have submitted correct data. Any discrepancies may have arisen from technical or format-related confusion — not deliberate non-compliance. We have sought a meeting with the directorate to clarify matters and share ground realities. We remain committed to transparency but urge the department to avoid blanket assumptions," said Suresh Chander, president of Haryana Progressive Schools Conference (HPSC), which represents schools affiliated with CBSE and CISCE Board.