The group is now contemplating to spread its wings. An outlet at Phoenix mall in Chennai will be opened on July 14, followed by an outlet in Mumbai a month later on August 15.
At Swiggy, Sunder will be in-charge of developing and executing the firm's strategic direction and priorities to drive organizational growth and operational excellence.
Asked about whether the company was in a position to take on global giants like Coca-Cola and PepsiCo which have also been betting big on the juice market, Singh said, "We welcome competition and are confident of facing the same.
Schultz, who already had transitioned away from running the chain's day-to-day operations and passed the reins to Chief Executive Kevin Johnson, announced this month that he would be leaving his post as executive chairman effective June 26.
The packaged foods business was the first FMCG category the conglomerate had entered 17 years ago to reduce its reliance on the cigarette revenue stream.
Total revenue of the company increased 39.38 per cent to Rs 392.95 crore during the quarter under review. The figure stood at Rs 281.92 crore in the same period last year.