Pulse’s DSFL crosses Rs 1,000 crore mark, aims for Rs 5,000 crore in next 5 years
DS Group's confectionary arm, Dharampal Satyapal Foods Ltd. (DSFL), reported a sales turnover of over Rs 1,000 crore in FY24. The division has achieved a compound annual growth rate (CAGR) of over 20% over the past three years, outpacing the industry's 9% growth. Vice chairman Rajiv Kumar credits this success to strategic indigenization, an expanded product portfolio, and a vast distribution network. DSFL aims for a sales turnover of Rs 5,000 crore in the next five years, with a CAGR of about 30%, by growing both organically and through acquisitions.