Kerala Ayurveda Ltd reports Q3 net loss of Rs 3 crore

Kerala Ayurveda Ltd (KAL) reported a net loss of Rs 3 crore ($3,44,063) for the third quarter ended December 2024, as against Rs 1 crore in the year ago quarter.

The company’s revenue for the quarter rose by 18 percent to Rs 31 crore, as against Rs 26 crore in the corresponding quarter of the previous fiscal year.

KAL attributed the rise in revenue due to growth in e-commerce and USA academy business during the quarter.
During the quarter, Kerala Ayurveda also entered the quick commerce space across many cities.

“Kerala Ayurveda Limited is on track to accelerate its growth trajectory, setting a target to double its topline growth to 40% in the new fiscal year. This ambitious objective will be supported by significant investments in world-class talent, advanced technology, and expanded international reach supported by high quality marketing,” KAL said in a press release.

“With a strong foundation of achievements in YTD FY 2024-25 and an intensified focus on high-growth markets, KAL is well-positioned to achieve its enhanced growth targets, delivering greater value to stakeholders and expanding access to its holistic Ayurveda offerings worldwide,” it added.

Kerala Ayurveda is a leading provider of ayurvedic products and services. It has over 400 products and claims to service over 100,000 customers a year.