Amid surge in demand for organic products, Sarveshwar Foods earnings surpass Rs 500 crore in sales
Also, the company has initiated strategic partnerships with certain Non-Banking Financial Companies (NBFCs) to enhance financial support for farmers.
Amid the growing demand for organic products, Sarveshwar Foods surpassed Rs 500 crores in sales during the first half of the current fiscal year.
"This significant milestone reflects the increasing popularity of SFL’s premium offerings and is largely attributed to the growing recognition of its organic products sold under the brand name 'Nimbark'. As a result, the company is witnessing profit growth drive commitment to high-quality organic offerings," the company said in a release.
Meanwhile, the company is expanding its product portfolio with a range of new rice-based offerings.
Also, the company has initiated strategic partnerships with certain Non-Banking Financial Companies (NBFCs) to enhance financial support for farmers.
Under the proposed arrangement, Sarveshwar Food Limited will facilitate the connection between NBFCs and farmers. The financing arrangements will be conducted directly between the NBFCs and the farmers, with no recourse to the company.
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