Revenues stood at Rs 74.82 crore in H1FY25, registered a growth of 59.67 per cent as compared to Rs 46.86 crore in H1FY24. EBITDA was at Rs 13.13 crore in H1FY25, registering a growth of 2.2 times, as compared to Rs 4.11 crore in H1FY24. PAT was at Rs 9.33 crore, registering a growth of 2.87 times, as compared to Rs 2.41 crore.   

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In H1FY25, the company received a work order of Rs 21.86 crore from the Jharkhand government. It also achieved historic procurement of 150,000 tonnes of raw material in Q1 FY 2024-25, targeting highest production and sales.

Commenting on the performance, Mr. Pramesh Goyal, Managing Director, said, “We are delighted to report a good set of numbers. 

"The growth in our profitability reflects the strength of the Goyal Salt brand in North India, specially Rajasthan, UP, Bihar, Jammu, and Jharkhand.  

"We have emerged as one of the leading brands in the league of top three salt brands in India.

"With our new plant which is going to be the largest plant in Gandhidham in the salt capital of India, Kutch, is going to change the face of the company by strengthening the brand in Western part of the country like Maharashtra and Gujarat. The company is setting up this plant with an investment of Rs 80 crore approx.

"From here, the company will strengthen its presence in South too. With a focus on quality and offering a full range of salt products like iodised salt, pink salt, and black salt, the company is slated to become the second-largest salt brand in the country in the next five years.

"Goyal Salt’s motive is to reach every household of the country.”

 

 

 

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