Forensic Investigation initiated by the company based on a whistleblower complaint
1 Like
Do we have any update on the whistleblower investigation. Unable to find it in google search, hence asking.
p.s. small part of portfolio
Amrutanjan Healthcare, which earlier initiated a forensic audit on a whistleblower complaint, has informed exchanges that the audit has found few acts of personal gains by some of its employees including kickbacks from marketing vendors and malpractices in casual labour onboarding.
3 Likes
We have had Sanitary napkin demand exceed our supply. We are making concrete plans to build our own plant and commission it by q4 FY 25. This should bring profitability to this segment as the current supplier is aggressively increasing prices eating away our gross margins. Our market share in this category has grown quarter over quarter and has grown from 2.7% to 3%. (Quarter
ended September 2023).
6 Likes
source: PPT
The company targets to achieve 1000 Cr of Sales (current TTM sales is 394 Cr) . Does anyone have an idea of the time line / breakup.
Major products are -
OTC - 111.79 Cr
Comfy - 30.18 Cr
Beverage - 5.18 Cr
Electro plus - 4.86 Cr
Total revenue at consolidated level for Q3FY24 - 152.01 Cr ( approx. 608 Cr. annualized )
Comfy is growing pretty rapidly and the company targets 100 Cr sales this year
To reach the target of 1000 Cr sales, Sales from Comfy needs to be approximately 500 Cr assuming other category such as Beverage and Electro plus will find it hard to scale given the cut throat competition.
5 Likes
Net Sales shows 117cr for the quarter. But segment sales add upto 150cr. Why is that?