Madhur Sugar Grows 17% YOY From Apr to Sept, With Consumers Saying #LooseNahiMadhurSahi

Image
Press Trust of India MUMBAI
Last Updated : Oct 25 2019 | 12:30 PM IST

/ -- Madhur, the refined sugar brand from the Shree Renuka Sugars Ltd. group has reported sales growth of 17% in volume terms, for the period April to September 2019, on year-on-year (YOY) basis. Despite news of economic slowdown and lower consumer demand, Madhur Sugar has broken sales records in the month of August by recording their highest sales ever.

"We are excited by this performance, not just because it was in an environment of sluggish demand, but because this growth means that consumers are accepting Madhur Sugar as the preferred choice over loose sugar which is exposed to pests, contamination and handled in an unhygienic manner," said Dr. Satbir Sindhu, President of Madhur division with Shree Renuka Sugars Ltd.

A large segment of the sugar in India is manufactured using cost-effective old processes that make use of sulphur. This sugar is further often stored in unclean godowns exposing it to harmful insects and pests like rats and ants. Once it reaches retail outlets, the sugar is handled by many using unclean hands and is often left open in jute sacks that exposes it to dust, pollution, dangerous impurities and contaminants. These hazards were recently brought to light after Madhur Sugar conducted a social experiment highlighting the harmful factors that are leaving consumers with a bitter taste.

Madhur Sugar invited moms to share their parenting habits especially with regards to food hygiene. While most mothers are extremely careful about ensuring that they only serve the best to their loved ones, there was one important food essential that they had been taking for granted. After candid conversations where the moms were enlightened about the harmful effects of consuming loose sugar, they are now advocating the use of untouched purity that only Madhur Sugar can assure. The social experiment can be accessed here: http://madhursugar.com/loosenahimadhursahi/
About Madhur Sugar:

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 25 2019 | 12:30 PM IST

Next Story