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Time of India
24-04-2025
- Business
- Time of India
Dharampal Satyapal Group crosses Rs 10,000 crore in revenue
The Dharampal Satyapal (DS) group crossed Rs 10,000 crore in revenue for the financial year 2024-25 led by its food and beverage segment , the company said in a statement. The maker of Catch spices and flavoured water, Pulse candy and Pass Pass confectionery, said its food and beverages segment contributed 42% to its total revenue, followed by mouth fresheners at 38%. It said tobacco, 'once central to its identity', now constitutes less than 10% of its turnover. Other sectors, such as hospitality, dairy, and retail which include L'Opera and Le Marche chains, make up the remaining share, the company said. DS Group vice chairman Rajiv Kumar said the company proposes to double revenue over a four-five year window. He attributed the growth to a combination of factors such as deeper distribution, and strategic shifts in consumer buying behaviour particularly in online and quick commerce channels, which catalysed the growth. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Google Brain Co-Founder Andrew Ng, Recommends: Read These 5 Books And Turn Your Life Around Blinkist: Andrew Ng's Reading List Undo Kumar said the growth followed a three-year compound annual growth rate (CAGR) of 16% across all the combined businesses. While the past four quarters have seen demand in cities challenged due to inflationary pressures, low wage growth and higher housing rentals, consumer companies have indicated some green shoots of revival in the January-March '25 company NielsenIQ said the fast-moving consumer goods (FMCG) sector expanded 10.6% by value and 7.1% by volume in the December quarter, aided by rural demand and small and medium companies' performance Live Events
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Business Standard
23-04-2025
- Business
- Business Standard
DS Group hits ₹10,000 cr revenue mark, sets sights on ₹20,000 cr by 2029
Group to spend Rs 1000 crore in hospitality, to set up 10-12 luxury hotels in 3-4 years Gulveen Aulakh New Delhi Listen to This Article Dharampal Satyapal Group (DS Group), the makers of Catch spices and Pass Pass mouth freshener, is now aiming to double its revenue to ₹20,000 crore by 2029, after hitting the ₹10,000 crore turnover mark in the financial year 2024-25 (FY25). At present, the home-grown conglomerate ranks among the top 15 FMCG companies in India, but it aims to be among the top 10 by 2029 -- when it completes 100 years of operations. 'We have achieved ₹10,000 crore revenue milestone in FY25. Looking ahead, we aspire to achieve the ₹20,000 crore milestone by our centenary year in 2029,' Rajiv Kumar,
