KSDL aims turnover of ₹5,000 cr. by 2030, to diversify into cosmetics, perfumes
Karnataka Soaps and Detergents Limited (KSDL) aims to achieve a turnover of ₹5,000 crore by 2030, expanding from its current ₹2,016 crore in FY 2025-26, with plans to diversify into cosmetics and perfumes. The state-owned enterprise, established in 1916, doubled its turnover from ₹1,000 crore to ₹2,000 crore in just four years. It recorded a profit of ₹507 crore in the last financial year. The growth reflects accelerated performance and strategic expansion efforts.
Opening excerpt (first ~120 words) tap to expand
Karnataka Soaps and Detergents Limited (KSDL), set up in 1916 as the government soap factory by Maharaja Krishna Raja Wadiyar IV to utilise surplus sandalwood reserves during World War I, has set an ambitious turnover target of ₹3,000 crore by 2028 and ₹5,000 crore by 2030.The State-owned enterprise, on Tuesday, announced a turnover of ₹2,016 crore and a profit of ₹507 crore during the March 31-ended financial year 2025-26. Speaking on the occasion, M.B. Patil, Minister of Large and Medium Scale Industries, said that while it took the organisation 105 years to reach a turnover of ₹1,000 crore, it doubled this figure to ₹2,000 crore in just four years.
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Hindu.