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CosmicTaco

Akshayakalpa Targets Rs 400-Cr Revenue by FY25

  • Organic dairy brand Akshayakalpa aims for Rs 400 crore in annual revenue and profitability by FY25.
  • The company had an operating income of Rs 193 crore in FY23, which increased to Rs 250-300 crore the following year.
  • Bengaluru is its most profitable market with a 10% EBITDA, while Chennai and Hyderabad are still growing.
  • Akshayakalpa's portfolio now includes non-dairy items like vegetables, fruits, and honey, sourced from organic farms.
  • The company raised Rs 100 crore in Series C funding in January 2024, valuing it at Rs 505 crore.

Source: The Arc

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