Himalaya enters mothercare segment; eyes 6% sales in 2 yrs – Feedback

Herbal wellness and personal care firm Himalaya Drug Company today announced foray into the mothercare segment with the launch of a range of products and is eyeing up to 6 per cent contribution in its turnover in 2 years time.

“We have forayed into the mothercare segment with a dedicated range of herbal products for women to be used before and after pregnancy..We expect mothercare segment to contribute 5-6 per cent in our turnover in 2 years time,” Himalaya Drug Company CEO Philipe Haydon told. The company, which reported a turnover of Rs 1,800 crore in the previous fiscal, is looking at Rs 2,100 crore sales in the current fiscal, Haydon said. At present, Himalaya’s biggest vertical of personal care contributes 42 per cent to its total sales, followed by pharmaceutical 32 per cent, baby care 15 per cent, animal health 4 per cent and wellness 4 per cent.

http://economictimes.indiatimes.com/industry/cons-products/fmcg/himalaya-enters-mothercare-segment-eyes-6-sales-in-2-yrs/articleshow/54424695.cms

About news

We take care of publishing the latest investment news and highlights for Feedback

Leave a Reply

Your email address will not be published. Required fields are marked *