Goyal Salt Limited — Updates, 20-02-2025: Press Release
Goyal Salt has posted impressive sales of ₹105.26 crore for the nine-month period ended December 2024, marking a robust growth of over 34% compared to ₹78.55 crore during the same period last year. This remarkable performance underscores the company's effective execution of strategic initiatives and supportive market dynamics.
The Gandhidham manufacturing facility, currently in trial run stage with a capacity of 450,000 MT, is projected to become operational by the end of March 2025, supported by a capital expenditure of ₹80 crore. This new facility aims to reduce logistics costs and enhance delivery efficiency to both western and eastern markets in India.
Goyal Salt has established a strong distribution network, working with over 60 distributors across northern markets and newly appointed distributors in Maharashtra, Gujarat, Assam, and Orissa. The company currently reaches 5,000 retail outlets and aims to expand its footprint to every household in India over the next five years, signaling a positive outlook for future growth and market expansion.
