Totally agree, and I’m not trying to say this is new as the top-level management was replaced by Reliance’s employees long back but just that the replacement consistency is making it better. Yes, it might or might not be a big hit but at the small base at which Lotus currently operates even a small rack in every Reliance Retail store would be enough to 10x their EPS. Campa-Cola is a great example and let’s not forget the Acquisition of Metro Cash&Carry which is primarily a B2B kind of business and Metro’s HORECA can be a great channel for Lotus to make its chocolate compounds available to Restaurants.
The Huge Jumps in Quarterly numbers are decent enough evidence of how things are better than before and I do hope this doesn’t end up in the failed acquisitions list of Reliance.
Edit – Seems like some small online sales have begun. Just Came across this site, can help us gauge the segment Lotus is currently operating in.
Subscribe To Our Free Newsletter |