Goyal Salt Limited — Updates, 21-03-2025: Press Release

Goyal Salt Limited is set to double its turnover to Rs. 300 crore within two years, driven by the upcoming operational launch of its Gandhidham facility, which is expected by the end of March 2025. This new plant will significantly enhance production capabilities, boasting a capacity of 450,000 MT, and represents an investment of Rs. 380 crore. The strategic location of the plant aims to reduce logistics costs and improve delivery efficiency, positioning the company to strengthen its market share.

The company recorded sales of Rs. 3105.26 crore for the nine-month period ending December 2024, reflecting over 34% growth from Rs. 2378.55 crore in the prior year. With a network of over 60 distributors and plans to expand footprint to reach every household in India over the next five years, Goyal Salt is reinforcing its commitment to quality and market expansion. Investors should watch closely as the operationalization of the Gandhidham plant could drive significant future growth.