Comments
Eastern Condiments, the leading spices exporter, has plans to appoint 30 lakh retailers for selling its products across the country by 2020.
The Kochi based company registered 21 per cent growth in its revenue in the second quarter at ₹192 crore. The growth was led by its markets outside Kerala, which grew at 48 per cent to ₹ 55 crore, Firoz Meeran, Managing Director said.
The exports grew by 2 per cent in the second quarter while continuing to grow its’ home market of Kerala by 17 per cent. This marks a record 10th consecutive quarter of uninterrupted quarter on quarter revenue growth, he said.
The company, which reported a turnover of ₹700 crore in 2014-15, has been awarded the largest exporter of spices by Spices Board for the last 15 years consecutively, a release said.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.