GHODAWAT CONSUMER CROSSES INR 1400 CR IN REVENUE (FY22)

GCL, the FMCG arm of Sanjay Ghodawat Group SGG, has achieved a momentous milestone of crossing INR 1400cr revenue in FY22.Founded in 2013, GCL has focused on constant product innovation, customer - centricity, affordability and quality, creating a unique brand identity for itself.

KOLHAPUR, India, April 5, 2022 /PRNewswire/ -- Ghodawat Consumer Ltd. (GCL), the FMCG arm of Sanjay Ghodawat Group (SGG), has achieved a momentous milestone of crossing INR 1400cr revenue in FY22.

Founded in 2013, GCL has focused on constant product innovation, customer - centricity, affordability and quality, creating a unique brand identity for itself. These value-based practices have enabled GCL to achieve 1,400 cr in revenue with a growth of 40% YOY and are on track to achieve INR 2000 cr revenue in FY23.

GCL started its journey by manufacturing edible oils and with increasing consumer acceptance, trust and the notable success, the company was encouraged to expand and diversify its product portfolio to include staples, impulse and non-food categories.

GCL's ''Fizzinga'' - carbonated drinks, Frustar – fruit drinks, Star Water and RIDER – Energy Drink are among the top-selling products in the beverages category. A new inclusion is the dairy division offering of Star Ghee, Hapy Milkshakes and Star Flavoured Milk. The wide-ranging products are manufactured at GCL's state-of-the-art facilities under the supervision of its adept team who adhere to the most stringent manufacturing protocols.

''STAR'' brand Atta, Edible Oil, Jaggery, Pulses, Rice, Salt, Sugar, Snacks and assorted namkeen's are now household names in Maharashtra and Karnataka, and so are the ''Ayurstar'' range of personal care products and the ''Klemax'' range of homecare products. GCL also has a range of bakery products that would make you fall in 'Love at First Bite' in categories like Cakes, Muffins, Rusk and Wafer Biscuits.

Elated by the achievement, Shrenik Ghodawat, MD - GCL, said, ''We have made it our mission to change the experience of everyday food, merging innovation and technology to give consumers fresh and wholesome products. At GCL, we work on providing our customers with best products at affordable prices, greater ROI for distributors and one distributor for multiple category products for retailers ease of stocking. The premise behind our business model is that the consumer utilizes at least one product from GCL in the entire day. That is why we have invested in state-of-the-art infrastructure, high-quality packaging & raw materials, and skilled team to deliver the best possible results. We will continue to focus on maximizing the value for all our stakeholders.'' GCL has pledged to be plastic neutral and carbon neutral by 2030. All the manufacturing facilities of GCL are solar-powered and generate their own electricity through co-generation. With a profound opportunity to help, build a more sustainable future, this endeavour isn't just born out of an environmental basis but also includes social concern for the planet we share.

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