Ayouthveda clocks profit of Rs 12 crore in FY 2021
Ayurvedic personal care brand Ayouthveda has clocked Rs 12 crore ($1.7 million) annual returns for the financial year 2020-21 and is eyeing revenue of Rs 100 crore over the next three years, on the back of its retail expansion.
The brand recently expanded its retail presence with the launch of its first flagship store at Pacific Mall, Pitampura, Delhi. The store was inaugurated by actress, Hina Khan.
Commenting on the expansion, Sanchit Sharma, founder and director at Ayouthveda in a statement said: “Having already carved a strong presence in the skincare and personal care segment, the store launch will help us cover the major ground with our target audience. With more and more Millennial and Gen-Z consumers across the country gradually embracing the timeless benefits of Ayurveda, we are well posited to emerge as the leaders in this space.”
“With further launches in the pipeline, we are confident that we will continue to mesmerize consumers with our matchless Ayurveda-based offerings,” Sharma added.
A sub-venture of the Aimil Pharmaceuticals, Ayouthveda was launched in 2020 during the pandemic and offers a range of products across categories.
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