Latest news with #KRBL
India.com
10-07-2025
- Business
- India.com
After dominating Basmati rice, THIS Indian company enters Edible Oil market, aims to earns Rs 30000000000 by..., name of the company is...
New Delhi: In a major move, KRBL, the leading company that produces basmati rice under the India Gate brand, has made its foray into the edible oils segment. As per the company's plan, KRBL aims to generate a revenue of Rs 200–300 crore within the next three years through its new offering of blended oil products and wants to target health-conscious consumers. As per the company's official, KRBL had launched two variants of edible oil under its 'India Gate Uplife' range in February — one called 'Gut Pro' and the other 'Lite'. These products are priced at Rs 192–199 per litre. Company Enters Edible Oil Business Talking about KRBL's big move, company's Business Head (Domestic), Ayush Gupta, said that until now, only one brand — Saffola — has dominated the blended edible oil category, with a market size of 1.1 lakh tonnes. 'We are going to expand this,' he said. Gupta further added that the company is targeting sales of 2,000 tonnes and revenue of around ₹50 crore in the current financial year. Ayush also said that over the next three years, their goal is to achieve sales of 8,000–10,000 tonnes and revenue of ₹200–300 crore. He also mentioned that the new products are priced 5.7% higher than Saffola's blended oil variants, as KRBL has positioned itself as a premium brand. KRBL has outsourced the production and packaging of the blended edible oils. The products are currently available in modern retail stores and on leading e-commerce and quick-commerce platforms, with general trade distribution to follow. All you need to know about Gut Pro and Lite Oils: Gut Pro is a blend of 80% rice bran oil and 20% refined soybean oil It is formulated to support gut health and digestion. Lite, a weight management variant, combines 80% rice bran oil with 20% refined sunflower oil. India's edible oil market stands at a total of 24.3 million tonnes, of which refined edible oil accounts for 6.6 million tonnes. Gupta stated that the company plans to introduce more functional and nutrition-oriented food products to attract health-conscious young consumers. Kunal Sharma, Head of Marketing and Business at KRBL, said that currently, apart from Saffola, no blended edible oil in the market addresses health-related concerns. He added that rice bran oil comprises 260,000 tonnes, while the blended oil segment is around 110,000 tonnes. KRBL Limited recorded a revenue of ₹4,000 crore during the financial year 2024–25.
Time of India
09-07-2025
- Business
- Time of India
KRBL targets Rs 200-300 cr revenue from new blended edible oil business
HighlightsKRBL Limited, a major basmati rice producer under the India Gate brand, aims to achieve revenue of Rs 200-300 crore from its newly launched blended edible oil products targeting health-conscious consumers within three years. The company has introduced two variants of blended edible oils, Gut Pro and Lite, which are priced 5.7 percent higher than the dominant brand Saffola, and focuses on gut health and weight management. KRBL Limited plans to expand its product offerings by introducing more functional and nutritional foods to cater to health-conscious younger consumers and is evaluating fortified staples and value-added products. KRBL Ltd, a major basmati rice producer under the India Gate brand, has diversified into edible oils and aims to achieve Rs 200-300 crore revenue within three years from its newly launched blended oil products targeting health-conscious consumers , a top company official said on Tuesday. The company launched two edible oil variants in February under its India Gate Uplife range - Gut Pro and Lite - priced at Rs 192-199 per litre, the official said. "There has been only one brand ' Saffola ' so far that has dominated this blended edible oils category with a market size of 1.1 lakh tonnes. We are going to expand this space," KRBL Business Head (Domestic) Ayush Gupta told reporters. For the current fiscal year, the company targets 2,000 tonnes sales and revenue of about Rs 50 crore. "In the next three years, we aim for 8,000-10,000 tonnes sales and revenue of Rs 200-300 crore," Gupta said. The new products are priced 5.7 per cent higher than Saffola's blended oil variants as KRBL positions itself as a premium brand, he added. KRBL has outsourced the production and packaging of the blended edible oils. The products are currently available across modern trade outlets and leading e-commerce and quick commerce platforms, with general trade distribution to follow. Gut Pro blends 80 per cent rice bran oil with 20 per cent refined soybean oil, crafted to support gut health and digestive wellness. Lite, a weight management variant, combines 80 per cent rice bran oil with 20 per cent refined sunflower oil. Gupta said the company plans to introduce more functional and nutritional foods to tap health-conscious younger consumers and is evaluating fortified staples and value-added products. KRBL Marketing and Business Head Kunal Sharma said currently, no blended edible oils address health issues except Saffola, which targets heart health. KRBL has positioned its products focusing on gut health and weight management. India's edible oil market totals 243 lakh tonnes, with refined edible oil comprising 66 lakh tonnes. Rice bran oil accounts for 2.6 lakh tonnes, while the blended oils category represents 1.1 lakh tonnes, he added. KRBL Ltd had reported Rs 4,000 crore revenue during the 2024-25 fiscal.
Hans India
09-07-2025
- Business
- Hans India
KRBL targets Rs 200 cr revenue from oil business
New Delhi: Company launched 2 edible oil variants in Feb under its 'India Gate Uplife' KRBL Ltd, a major basmati rice producer under the India Gate brand, has diversified into edible oils and aims to achieve Rs200-300 crore revenue within three years from its newly launched blended oil products targeting health-conscious consumers, a top company official said on Tuesday. The company launched two edible oil variants in February under its "India Gate Uplife" range - Gut Pro and Lite - priced at Rs192-199 per litre, the official said. "There has been only one brand 'Saffola' so far that has dominated this blended edible oils category with a market size of 1.1 lakh tonnes. We are going to expand this space," KRBL Business Head (Domestic) Ayush Gupta told reporters. For the current fiscal year, the company targets 2,000 tonnes sales and revenue of about Rs50 crore. "In the next three years, we aim for 8,000-10,000 tonnes sales and revenue of Rs200-300 crore," Gupta said. The new products are priced 5.7 per cent higher than Saffola's blended oil variants as KRBL positions itself as a premium brand, he added.
Time of India
08-07-2025
- Business
- Time of India
KRBL targets Rs 200-300 cr revenue from new blended edible oil business
New Delhi, KRBL Ltd, a major basmati rice producer under the India Gate brand, has diversified into edible oils and aims to achieve Rs 200-300 crore revenue within three years from its newly launched blended oil products targeting health-conscious consumers, a top company official said on Tuesday. The company launched two edible oil variants in February under its " India Gate Uplife " range - Gut Pro and Lite - priced at Rs 192-199 per litre, the official said. "There has been only one brand 'Saffola' so far that has dominated this blended edible oils category with a market size of 1.1 lakh tonnes. We are going to expand this space," KRBL Business Head (Domestic) Ayush Gupta told reporters. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Join new Free to Play WWII MMO War Thunder War Thunder Play Now Undo For the current fiscal year, the company targets 2,000 tonnes sales and revenue of about Rs 50 crore. "In the next three years, we aim for 8,000-10,000 tonnes sales and revenue of Rs 200-300 crore," Gupta said. The new products are priced 5.7 per cent higher than Saffola's blended oil variants as KRBL positions itself as a premium brand, he added. Live Events KRBL has outsourced the production and packaging of the blended edible oils. The products are currently available across modern trade outlets and leading e-commerce and quick commerce platforms, with general trade distribution to follow. Gut Pro blends 80 per cent rice bran oil with 20 per cent refined soybean oil, crafted to support gut health and digestive wellness. Lite, a weight management variant, combines 80 per cent rice bran oil with 20 per cent refined sunflower oil. Gupta said the company plans to introduce more functional and nutritional foods to tap health-conscious younger consumers and is evaluating fortified staples and value-added products. KRBL Marketing and Business Head Kunal Sharma said currently, no blended edible oils address health issues except Saffola, which targets heart health. KRBL has positioned its products focusing on gut health and weight management. India's edible oil market totals 243 lakh tonnes, with refined edible oil comprising 66 lakh tonnes. Rice bran oil accounts for 2.6 lakh tonnes, while the blended oils category represents 1.1 lakh tonnes, he added. KRBL Ltd had reported Rs 4,000 crore revenue during the 2024-25 fiscal. PTI
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Business Standard
24-06-2025
- Business
- Business Standard
These 3 basmati rice stocks rally up to 11% amid Israel-Iran ceasefire
Shares of listed basmati rice exporters LT Foods, KRBL and Chaman Lal Setia Exports rallied by up to 11 per cent on the BSE in Tuesday's intra-day trade after Iran–Israel ceasefire, announced by US President Donald Trump, raising hopes that the worst of the West Asia conflict is behind. In the past two weeks until Monday, these stocks were down in the range of 9 per cent to 14 per cent on the BSE due to the recent 12-day conflict between Israel and Iran. Rice exports to West Asia West Asia, representing 74 per cent of India's Basmati rice exports, remains a pivotal market. The region's market presents a substantial growth opportunity for Basmati rice, driven by a combination of demographic, economic, and consumer trends. With a population of approximately 280 million and a significant portion of India's Basmati rice exports already directed to the region, the demand is robust, according to LT Foods. India is forecasted to remain the largest rice exporter in 2025, with exports projected at 18 million tonnes, up 1.5 million tonnes from the previous year and accounting for over a third of global rice trade. Track LIVE Stock Market Updates Here Rice stocks rally Among the individual stocks, LT Foods, which owns the flagship rice brand 'Daawat', has surged 11 per cent to ₹448.90 on the back of a three-fold jump in average trading volumes. On Monday, the stock was down 7 per cent after the company disclosed that its fellow subsidiary, Ecopure Specialities, has received a preliminary notice, levying 340 per cent of countervailing duty (CVD) on sales pertaining to the period January-December 23, amounting to ₹50 crore. However, the company said it does not expect a material impact on future earnings, based on the information available to the company to date. LT Foods reported healthy performance in FY25, led by both India and international markets. Going ahead, Motilal Oswal Financial Services expects this momentum to continue, led by improving volumes in the basmati and other speciality rice segment, margin expansion supported by lower input prices and freight normalisation, and an increasing mix of organic and convenience and health segments. LT Foods is a leading Indian-origin global Fast Moving Consumer Goods (FMCG) company in the consumer food space. It is a leading player globally in the specialty rice and rice-based foods business, across India, the US, UK, Europe, the Middle East, the Far East and the Rest of the World. The company's flagship brands include one of India's most loved and consumed Basmati brands, Royal, which is North America's most loved brand and many more. Shares of KRBL soared 9 per cent to ₹362.60 on the BSE. KRBL derives approximately 58 per cent of its basmati export revenue from the West Asia region, with notable growth in Kuwait, Bahrain, and Oman. Shares of Chaman Lal Setia Exports rallied 8 per cent to ₹357.50 on the BSE.
