Pradhin announced the successful completion of an order of Rs 1 billion. The move is part of the company’s broader strategy to tap into emerging opportunities in the agro-processing sector.
This order involved buying these goods from small traders, processing them, and then selling the final products, such as flour and oil, to large buyers.
The company expects a profit margin of between 4.5 percent and 6.5 percent on such deals.
Earlier, the company informed the exchange that it has placed an order of Rs 4 billion from Python Chemical Company Ltd. (Thailand).
The order involves the import of Perfumery Compound Base 909, a key fragrance chemical, to be supplied to major perfume factories based in Kannauj, Uttar Pradesh – often referred to as the “Perfume Capital of India.”
“The company plans to explore the import of other complex chemicals depending on the demand and profitability of these products in India,” the company said in its release.
Recently, the company diversified its business operations by entering the Steel and Construction sector.
