Feed Post

Sanskar

Stealth • 3m

Vimpa Organics officially known as Vimpa Private Limited was founded by Ram Veer Singh after being inspired by hydroponic farming techniques he observed in Dubai in an agricultural event, leading him in transforming his own home into a hydroponic farm (where plants are grown in Upvc pipes and using coco peat and this technique uses 90% pess water than the traditional farming). This method uses significantly less water than traditional farming and avoids soil-related issues, allowing him to grow a variety of vegetables and fruits efficiently. Financially, Vimpa Organics reported operating revenue of under 1 crore for the FY2023. Despite having a high EBITDA margin of 96.57% its net worth decreased by 11.73%. Furthermore, the debt-to-equity ratio stands at 2.53, and the return on equity is negative at -13.29%. If we ignore the financial state of Vimapa organics don't you think that its idea of growing food without using chemicals is great especially in these days? Thank You.

8 replies10 likes
Replies (8)

Download the medial app to read full posts, comements and news.