Goyal Salt Limited — Updates, 20-02-2025: Press Release

Goyal Salt Limited reported impressive sales of ₹105.26 crore for the nine-month period ending in December 2024, reflecting over 34% growth compared to ₹78.55 crore during the same period last year. The company is progressing with its new manufacturing facility in Gandhidham, which has a capacity of 4,50,000 MT and an investment of ₹80 crore. This plant is currently in a trial run phase and is expected to commence operations by the end of March 2025.

Managing Director Pramesh Goyal emphasized the significance of these results, attributing them to strong execution of strategic initiatives and favorable market conditions. Goyal Salt is focused on expanding its market presence, currently working with over 60 distributors in Northern markets, and reaching 5,000 retail outlets. The company aims to increase its distribution significantly, targeting households across India within the next five years. Overall, the outlook remains positive, driven by effective growth strategies and market dynamics.