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Packaged tea firm Wagh Bakri is targeting 15 per cent growth in revenue at ₹1,150 crore this fiscal, thanks to a good monsoon forecast.
“Our turnover is ₹1,000 crore and we are looking at an at least 15 per cent growth this year,” said Wagh Bakri Tea Group Executive Director Parag Desai.
“Due to the downturn in economy and lack of rainfall, the last two-three years have been worrisome because our expenses have gone up and the growth roll out has not happened,” he said.
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