Iceberg Organic Ice Creams Targets Rs 100 Crore Turnover by FY 2026
Iceberg Organic Ice Creams sets an ambitious target to achieve Rs 100 crore turnover by FY 2026. The company, headquartered in Hyderabad, aims to open 25 new outlets in the next two years. It recently launched a premium brand ‘Organic Creamery’ and operates with both company-owned and franchised stores.
- Country:
- India
Iceberg Organic Ice Creams announced on Tuesday its target to increase turnover to Rs 100 crore by the end of FY 2026.
Headquartered in Hyderabad, with a manufacturing base in Nellore, Andhra Pradesh, Iceberg recorded a turnover of Rs 14 crore in FY March 2024. The company has operations in seven states through 72 outlets and launched its premium brand 'Organic Creamery'.
Founder and CEO Suhas B Shetty disclosed plans for 25 new outlets within the next two years, with 15 in Hyderabad by 2025 and 10 elsewhere in 2026. The company will invest Rs 11 crores in this expansion, utilizing both fully company-owned and franchised business models. Iceberg's solar-powered manufacturing facility in Nellore can produce up to 12,500 litres per day, scalable to 25,000 litres.
(With inputs from agencies.)
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