Wipro Consumer crosses Rs 10,000 crore in sales in FY23
Azim Premji-led Wipro Enterprises' Consumer Care and Lighting business has crossed Rs 10,000 crore in sales in FY23, led by growth across geographies, brands, and categories. Its revenue stood at Rs 8,630 crore in FY22.
Its flagship product, Santoor, has sales of over Rs 2,650 crore and its female toiletries brand Enchanteur has also crossed sales of Rs 1,000 crore in FY23, the company said in its release.
Wipro Consumer Care's lighting business sales crossed Rs 1,000 crore in FY23 as well.
According to the release, the firm's India business surged 17 per cent, while Malaysia posted a strong growth of over 20 per cent in personal care. Vietnam crossed $100 million in revenue, with double-digit growth. It saw double-digit growth in other markets too, such as South Africa, Middle East and the Philippines, the company said.
The FMCG major also forayed into liquid detergents, fabric softeners, dish wash and floor cleaners business. Also, it entered the foods space last financial year with the acquisition of the Nirapara brand of spices and ready-to-cook foods, according to its release.