Veer Health Care Eyes Global Expansion and Revenue Surge

Veer Health Care has announced an ambitious plan to more than double its revenue, targeting Rs 40 crore for the current fiscal year. This growth is projected to come largely from expanding its presence in international markets, according to a company statement released on Thursday.

The company, renowned for its Ayuveer brand of ayurvedic and natural personal care products, is focusing on scaling up exports and enhancing operational efficiency at its fully-capacity manufacturing facility in Vapi. It reported a significant revenue uptick of 22.38% year-on-year for FY 2024-2025, reaching Rs 17.88 crore.

Veer Health Care's compliance approval from the USFDA has opened new opportunities in the U.S. market, where it plans to increase its monthly shipments substantially. Additionally, the company is negotiating with a Russian corporate group to tap into new markets, while also venturing into the US medical devices sector.

(With inputs from agencies.)