VMPL

The main aspects of financial performance are as follows:

Income-

Total revenue for the June-September quarter was Rs. 1427.83 lakhs vs Rs. 64.38 lakhs in the corresponding quarter last year, a growth of 2118%.

The total revenue for the period April-September (half-yearly) was Rs. 2538.40 lakhs vs Rs. 81.73 lakhs in the corresponding 6 months last year, a growth of 3006%

Net profit-

Net profit for the June-September quarter was Rs. 92.28 lakhs vs Rs. 28.38 lakhs in the corresponding quarter last year, a growth of 225%.

The net profit for the period April-September (half-yearly) was Rs. 117.78 lakhs vs Rs. 37.37 lakhs in the corresponding 6 months last year, a growth of 215.17%.

Commenting on the results, Naveena Kumar, Managing Director of Aayush Wellness Limited said:

“We are pleased to share the results for the quarter and half year ending 30 September 2024. Aayush Wellness Limited has set a new benchmark by achieving its highest ever quarterly and half year revenue – an outstanding continuation of our strong performance in June 2024, where we saw a year-over-year revenue increase of 6,300% and a net profit increase of 183.56%.

Growing demand for our products, along with new launches, continues to fuel this momentum. Looking ahead, we are optimistic and committed to growing our business, creating sustained value for our stakeholders in the coming quarters.”

The company’s strong financial performance is driven by the success of its herbal pan masala and nutraceutical products, including sleep gummies and vitamin beauty gummies.

Growing demand for herbal pan masala, especially in high consumption regions, has contributed significantly to the growth in revenue. Sleep Gummies, part of the company’s nutraceutical offerings, address the needs of over 42 million Indians who struggle with sleep-related issues. Similarly, Beauty Vitamins Gummies tap into the $28.9 billion beauty and personal care market, further expanding the company’s reach into the nutraceutical sector. Together, these products have diversified revenue streams and supported overall growth.

This aligns with the company’s mission to provide health conscious alternatives. As consumer interest in wellness products grows, Aayush Wellness is well positioned to meet this demand, further strengthening its presence in India’s expanding nutraceutical and wellness market.

Key developments within the company this financial year:

Introduced ESOP “Aayush Wellness Limited – Employee Stock Option Plan 2024 which provides for 30,00,00 stock options to be granted to eligible employees. The move was to attract and retain talent in the company.

Launch of Herbal Paan Masala to enter Rs. 44,000 Cr. Gutka Market and Pan Masala. Vision to revolutionize the chewing habits of India’s 27.49 Crore Gutka and Pan Masala consumers.

Launch of www.aayushwellness.com to ensure that the company’s products are accessible in every corner of the country.

Entering the $23.8 billion nutraceutical market by launching sleep gummies. The vision to improve the sleep quality of 42 million Indians who struggle with sleep related problems.

Entering the $28.9 billion beauty and personal care market by launching Beauty Gummies.

The introduction of Rs. 10/- Packet of Pan Masala herbs on public demand. This envelope will mainly benefit the financially weaker sections of the society and increase the market penetration and fuel the growth of the company.

On October 29, 2024, the Board announced a 1:2 bonus issue of 1,62,25,000 shares, rewarding existing shareholders.

Announced fund raising through rights issue of up to Rs. 49.9 million, giving shareholders a chance to participate in the company’s fundraising program.

About Aayush Wellness Limited:

(ISO 9000 and 22000 certified company)

Aayush Wellness Limited (BSE scrip code: 539528), established in 1989, is a pioneering name in health and wellness solutions, dedicated to offering products that combine wellness with innovation. We are a smart nutrition company in India, committed to providing quality and service to enhance consumer well-being. Aayush Wellness continues to lead the industry in promoting healthier lifestyles through its diverse range of wellness products and services. For more information visit www.aayushwellness.com or call: 8655611700 for business enquiries.

(ADVERTORIAL DISCLAIMER: The above press release was provided by VMPL. ANI shall not be responsible in any way for its content)

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