Merger9 Sept 2025, 12:35 pm
Sumuka Agro's Total Sales Income Surges by 6229.51 Lakhs in FY 2024-25, Announces Merger with Gujjubhai Foods
AI Summary
Sumuka Agro Industries Ltd has reported a significant increase in total sales income from operations, reaching 6229.51 lakhs as of March 31, 2025. The company's introduction of Himalayan Salt and expansion of SKUs has contributed to this growth. A proposed merger with Gujjubhai Foods has been approved by the BSE, aiming to create a powerhouse in the consumer sector and expand market reach.
Key Highlights
- Sumuka Agro's total sales income surged by 6229.51 lakhs in FY 2024-25.
- Introduction of Himalayan Salt and increased SKUs led to growth in turnover.
- Proposed merger with Gujjubhai Foods received BSE approval.
- Merger aims to create a powerhouse in the consumer sector and expand market reach.
- Sumuka Agro expanded its presence in Telangana and Tamil Nadu, targeting over 100,000 stores and outlets.