Both Topline and Bottomline growth has been phenomenal after the acquisition, as Reliance brings in all the talent, network, and expertise required to turn around such businesses in a jiffy.
Shortage of cocoa across the globe has pushed prices to a new lifetime high and is showing no signs of slowing down anytime soon, Chocolate companies like Lotus are expected to benefit from the same as ticket size goes up, and being primarily a B2B company Lotus can forward the price increase without much hassle.
Early Signs of Growth –
Appointing Distributors – Lotus Chocolate
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