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About the Company:
Incorporated in the year 2008, Wellness forever an omnichanel retail pharmacy chain, backed by Adar Poonawalla of Serum Instituteare present across Mumbai, Pune, Kolhapur and Satara in Maharashtra, and in Goa and Karnataka.This will be the first pharmacy retail chain to list on Indian stock exchange.
The Mumubai based company has a network of 236 stores, which has a presence in 23 cities across Maharashtra, Goa, and Karnataka.As per the latest financial record, revenue for the financial year ended March 31, 2021, grew 7% to Rs 924.02 crore,onyear on year basis.The company with solid finacial backing plans to extend its network by adding new stores over next coming years.
|Income Statement in Millions||FY21||FY20||FY19|
|Gross Operating income||11927||12368||13845|
|Cost of employee and inventory||2407||2420||2775|
|Profit before tax and exceptional items||6959||6697||6457|
|Profit before tax||6959||6697||6457|
|Profit After tax||5263||4944||4488|
Ashraf Biran, Gulshan Bakhtiani and Mohan Chavan.
Rs 1100 crores