Saj Food Products likely to touch a revenue of Rs 2,500 cr in FY24
Biscuit maker Saj Food Products, which is expecting to touch a revenue of Rs 2,500 crore in the 2023-24 fiscal, is eyeing at Rs 5,000 crore turnover in five years, a company official said on Tuesday.
The Kolkata-headquartered company, which owns Bisk Farm' brand, is likely to close the current financial year with a revenue of around Rs 2,100 crore.
"We are aiming at Rs 5,000 crore of revenue in the next five years. The company expects to touch a turnover of Rs 2,500 crore in the next fiscal, Saj Food Products managing director Vijay Kumar Singh told reporters here.
The biscuit maker is trying to expand its distribution network in the east, south and north of the country for achieving a higher revenue next fiscal, he said.
The company, currently, has six plants - four in West Bengal and one each in Nagpur and Bangalore.
We are building our new plant in Guwahati at an investment of Rs 200 crore and it will be operational by the January-March quarter of 2024, Singh said.
The company