Press Release12 Jun 2024, 10:54 pm
Orient Tradelink Ltd. Anticipates 30% Revenue Increase in 2024-25 Through New Merchandising Business
AI Summary
Orient Tradelink Ltd., a company based in Ahmedabad, has announced a 30% revenue increase for the fiscal year 2024-25. This increase is due to their new merchandising business, which includes over 2,000 hours of spiritual and sports content, 44 books, and various Sai Baba-themed products. The company has invested significantly in acquiring rights and developing merchandise, such as the Shirdi Sai Baba Samadhi box. Products are now available on digital platforms and offline, with substantial sales growth expected in both the Agarbatti segment and FMCG division. This new venture is anticipated to boost the company's profitability by 2-3 times its current levels.
Key Highlights
- Orient Tradelink Ltd. is expecting a 30% revenue increase in 2024-25 due to its new merchandising business.
- The new business venture includes over 2,000 hours of spiritual and sports content and 44 books.
- The company has invested significantly in acquiring rights and developing merchandise, including the Shirdi Sai Baba Samadhi box.
- Products are available on digital platforms and offline, with substantial sales growth expected in both the Agarbatti segment and FMCG division.
- This new venture is anticipated to boost the company's profitability by 2-3 times its current levels.