Ramdev’s Patanjali doubles sales to Rs 10,561 crore in FY17

Patanjali

 

Growing at its usual breakneck speed, Baba Ramdev’s Patanjali Group has clocked Rs 10,561 crore in sales during 2016-17.

After increasing its revenue by a whopping 150 per cent the previous year, from Rs 2,006 crore in 2014-15 to Rs 5,000 crore in 2015-16, the Patanjali Group has managed to double its sales in the year ended March 31, 2017, cofounder Baba Ramdev announced on Thursday.

As expected, the bulk of its revenue came from its fast moving consumer goods business, which is managed by Patanjali Ayurved Ltd (PAL). During the year, PAL’s sales stood at Rs 9,346 crore, followed by its ayurvedic and herbal medicines business, Divya Yog Pharmacy (Rs 870 crore). Patanjali Gramodyog Nyasm, a group trust that works in the animal husbandry sector and for the economic and social upliftment of villagers, generated Rs 345 crore.

READ THIS:Patanjali and its grand plans: Ramdev expects Rs 20,000 cr revenue in FY18

In line with the market trend, Patanjali cow ghee (clarified butter) remained the most sold product for PAL, generating Rs 1,467 crore. Its Dant Kanti toothpaste raked in Rs 940 crore, followed by Kesh Kanti shampoo (Rs 825 crore), herbal bathing soap (Rs 574 crore) and Kachhi Ghani mustard oil (Rs 522 crore). Patanjali biscuits, honey and washing powders & soaps did well by posting Rs 380 crore, Rs 335 crore and Rs 325 crore in sales, respectively. Among its branded commodities business, Patanjali Atta remained second only to mustard oil with sales at Rs 407 crore.(READ MORE)

 

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