Rajnish Wellness Ltd. to Open 20 New Dava Discount Outlets Across India, Aiming for Annual Revenue of Rs. 300 million to Rs. 400 million

Rajnish Wellness Ltd. has announced the opening of 20 new Dava Discount outlets across key cities in India. This strategic move aims to enhance accessibility to affordable healthcare products and leverage the company's growing market presence in the wellness and healthcare sector. Each outlet is projected to generate a revenue of Rs. 15 million to Rs. 20 million annually, with an estimated total revenue of Rs. 300 million to Rs. 400 million from all 20 outlets. The operating profit margins are expected to be between 5% and 9%, varying based on location and geographical factors. The outlets will feature a comprehensive range of affordable medicines and the in-house brand Play Win, focusing on sexual wellness and personal care products.