In terms of dividends paid, Mysore Sandal soap manufacturers rank third with a profit of Rs 416 crore


The Large and Medium Industries Minister MB Patil and KSDL Chairman CS Nadagowda made a significant announcement regarding the outstanding performance of Karnataka Soaps and Detergents Limited (KSDL) in the financial year 2024-25. The state-owned enterprise recorded an all-time high transaction value of ₹1,788 crore, reflecting strong growth in production, sales, and overall profitability. The company achieved an impressive net profit of ₹416 crore, setting a new benchmark in its financial history and demonstrating its increasing dominance in the industry.

Minister MB Patil highlighted that KSDL had achieved historic milestones across multiple operational and financial parameters. Notably, the company substantially improved its ranking in terms of dividend payments to the government, moving up from the 21st position to the 3rd position. This leap underscores KSDL’s growing contribution to the state’s economy. In comparison, during the previous fiscal year (2023-24), the enterprise had recorded sales of 37,916 tonnes of products, generating ₹1,570 crore in revenue with a net profit of ₹362 crore. The company had paid a dividend of ₹108 crore to the government, which has significantly increased in the latest fiscal year.

A crucial factor in KSDL’s success has been its embrace of modern business strategies, including the introduction of E-commerce platforms and enhanced distribution models. This strategic expansion has allowed KSDL to strengthen its presence in key metropolitan areas and major commercial hubs across India, including Chennai, Hyderabad, Mumbai, Ahmedabad, Delhi, Chhattisgarh, Kolkata, and Odisha. By leveraging digital platforms and modern retail techniques, KSDL has successfully broadened its market base and improved customer accessibility.

As part of its expansion initiatives, Minister MB Patil announced the establishment of a new KSDL manufacturing unit in Vijayapura, which will involve a ₹250 crore investment. This new facility is expected to enhance production capacity, generate employment opportunities, and further boost sales growth. The Karnataka Industrial Areas Development Board (KIADB) has already allocated 50 acres of land for the upcoming unit, paving the way for KSDL’s future expansion and strengthening its industrial footprint. Given the company’s robust operational framework, it has set an ambitious revenue target of ₹1,819 crore for the financial year 2025-26.

KSDL’s Managing Director PKM Prashanth attributed the company’s consistent increase in profitability to several key factors, including strong corporate governance, operational transparency, efficiency improvements, strategic market expansion, and strict quality control measures. He emphasized that sustained profitability and growth will be achieved through continuous market expansion, superior production techniques, and advanced product development. By staying ahead of market trends and consumer preferences, KSDL is ensuring that it remains a dominant force in the fast-moving consumer goods (FMCG) sector.

The company currently offers 19 different high-quality products, spanning multiple categories such as bathing soaps, handwash, shower gels, drinking water, and incense sticks, among others. These products have been well-received by consumers, further strengthening KSDL’s brand presence in the domestic and international markets. In terms of production capacity, the soaps division manufactured 36,268 metric tonnes (MT) in the last fiscal year, while the detergent unit produced 5,788 MT, and the cosmetics unit accounted for 1,089 MT.

KSDL’s exceptional performance is a result of its commitment to quality, innovation, and expansion. The company’s ability to scale operations while maintaining product excellence has positioned it as one of India’s most successful state-run enterprises. With its record-breaking sales, growing profitability, and strategic expansion plans, KSDL is set to play a pivotal role in India’s FMCG sector. The combination of technological advancements, digital integration, and a customer-centric approach ensures that the company is well-prepared for sustained long-term growth in the years ahead.

As the company continues to scale new heights, its strong financial foundation, expanding market reach, and commitment to delivering high-quality products will enable it to remain a leading force in India’s consumer goods industry. KSDL’s ambitious growth trajectory reflects the broader economic development of Karnataka, making it a valuable contributor to the state’s industrial success.


 

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