KSDL achieves Rs 186 crore turnover in May

CHL NEWS

BENGALURU

Karnataka Soaps and Detergents Limited (KSDL), a state-owned enterprise, has achieved a historic milestone by registering a monthly turnover of Rs 186 crore in May, its highest ever in the company’s 108-year history. The achievement was announced by Minister for Large and Medium Industries MB Patil on Tuesday.

Sharing the details, the Minister said the sales target for May was Rs 151.50 crore. However, the company surpassed it by Rs 35 crore, achieving 125% of the target and recording a 15 percent growth. Of the total turnover, Rs 1.81 crore came from exports. He added that the company has set an ambitious goal of increasing its annual export turnover to Rs 150 crore.

All 45 products manufactured by KSDL, including the iconic Mysore Sandal Soap, saw strong sales through its branches in Bengaluru, Chennai, Hyderabad, Mumbai, Kolkata, and New Delhi, as well as through direct marketing channels in Bengaluru. Products such as soaps, shower gels, and incense sticks witnessed especially high demand. This success, Patil explained, is the result of enhanced product quality, improved branding, and strategic market expansion.

Among regional contributors, Andhra Pradesh and Telangana topped the list, accounting for Rs 85 crore in sales, while Karnataka and other states contributed Rs 100 crore. The previous highest monthly turnover was Rs 178 crore, recorded in September 2024, now surpassed by May’s performance. Typically, KSDL’s average monthly turnover ranges between Rs 135 crore and Rs 140 crore, making May’s figures an exceptional Rs 41 crore above the usual.

KSDL Chairman CS Nadagouda noted that over the past two years, the company has improved operational efficiency without any major investment in new equipment. He also informed that KSDL is preparing to launch a new range of perfumes in the near future.