Nirulas
Nirulas
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The chain has ventured into clubs, malls, fuel stations, bus stations, airports and railway
stations in order to seek its consumers, and is even considering areas such as corporate
parks, educational institutions and hospitals for additional outlets. Its formats range from
hotels (just two) to ice-cream kiosks and pastry corners. In its menu, lower-cost options
have made an entry. An example: Chillo²an ice-cream priced at Rs 15²which brought in
new customers to its outlets this summer
Revenues in the past three years have shown a compound annual growth of 25-30 per
cent, even as gross margins have improved by 20-30 per cent,´ says Kuckreja.Meanwhile,
Nirula¶s has added around 27 outlets
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The Group is present in 75+ locations across Delhi and NCR, Uttar Pradesh, Maharashtra, Madhya
Pradesh, Uttaranchal, Haryana, Rajasthan and Punjab.s