Tata Soulfull expects high-double digit revenue growth this year.
Prashant Parameswaran, MD & CEO of Tata Soulfull, projects double-digit growth for FY2024-25, driven by product innovation and expansion into key consumer segments.
Prashant Parameswaran, Managing Director and CEO of Tata Soulfull, which specializes in the health and wellness food sector, is optimistic about achieving double-digit growth in FY2024-25, with continued momentum expected in the years ahead.
Since its acquisition by Tata Consumer Products, the company has experienced more than a fourfold growth, fueled by the success of its core product range and ongoing innovation.
Tata Soulfull has also strategically expanded into two major consumer segments—kids and adults.
A notable launch in its portfolio is the No-Maida Rusk, which has already received a positive market response in just four months. The rusk category, valued at over ₹4,500 crore, is largely unorganised but boasts high consumption. Parameswaran remarked, “When we enter a category, our goal is to become a meaningful player in it.”
With strong growth drivers in place, Tata Soulfull is well-positioned to enhance its market presence and strengthen its leadership role in the health and wellness food industry.
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