ALPHA TRIBE

Nureca LimitedUpdates, 24-01-2025: Press Release

24-01-2025 | 06:26 pm

Nureca Limited reported an impressive 18.28% growth in sales for the third quarter, with revenues increasing from ₹22.37 crore in Q3 FY23 to ₹26.46 crore in Q3 FY25. The company is implementing a short-term strategic plan aimed at further revenue growth through launching new product categories, expanding its range, and strengthening partnerships with quick-commerce platforms like Zepto and Blinkit. Additionally, Nureca plans to replicate its success on e-commerce sites such as Amazon while expanding its offline presence into over 500 cities via a robust distributor network. The introduction of 27 new SKUs and entry into four new categories is expected to enhance profitability. The company is also focusing on operational efficiencies and cost optimization, leveraging AI and data analytics to decrease operational costs. Lastly, Ms. Nishu Kansai has been appointed as the Company Secretary and Compliance Officer, effective February 1, 2025, reflecting ongoing internal growth and stability. Positive outlook as the company navigates these strategic initiatives.

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