Operating revenue of top spice companies in India FY 2022-2023

Published by A. Minhas, Mar 15, 2024

In financial year 2023, Everest reported the highest operating revenue of 25 billion Indian rupees, among the spice companies in India. This was followed by MDH and Aachi, which had an operating revenue of over 16 billion rupees each during the same period.

Operating revenue of major spice companies in India in financial year 2022 and 2023 (in billion Indian rupees)

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Release date

November 2023

Region

India

Survey time period

FY 2022 and FY 2023

Supplementary notes

*Pravin Masalewale includes brands like Suhana, Ambari, Sarvam, Toofan, Pravin, Navin, and Aveer.

**Eastern is now owned by Orkla.

India's financial year begins in April and ends in March. For example, FY 2024 started in April 2023 and ended in March 2024.

One Indian rupee is equal to 0.011 euros and 0.012 dollars (as of March 2024).

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Spice market in IndiaCondiments and seasonings in JapanCondiments and seasoning market in the U.S.Condiments and seasoning market in ChinaCondiments and seasoning market in Europe
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