Bisleri International's FY24 Profit Surges 82.8% to ₹317 Crore

Bisleri International, one of the leading names in India's packaged drinking water industry, has announced a remarkable 82.8% increase in profit for the fiscal year 2023-24 at ₹317 crore. This growth comes with a 14.8% increase in revenue from operations, which is at ₹2,689.69 crore. This is the highest revenue reported by the company in the last five years. The surge is attributed to strategic marketing initiatives and an expanding distribution network. Notably, Bisleri's advertising and promotional expenses escalated by nearly 60% in FY24, reflecting its commitment to brand enhancement. These financial achievements underscore Bisleri's dominant position in the competitive bottled water market.

 

Source: GoodReturns