Godrej Interio targets turnover of Rs 2,500 cr in current fiscal

27 September, Kochi

Godrej Interio, a leading furniture solutions brand in the country, is targeting to achieve a total turnover of Rs 2500 crore in the current financial year, expecting a growth of 20 per cent, a top official informed today.

Announcing the launch of the largest interio stores here, Interio Division Chief Operating Officer Anil Mathur said in last year the company had earned a total revenue of Rs 2000 crore, 15 per cent more than the previous year and this time the company was expected to earn Rs 2500 crore.

As part of achieving the goal, the company was planning to open five more similar outlets in Kerala, he said Kerala contribute 20 per cent of the total revenue from this business.

Pointing out the total business in this sector had touched to Rs 50000 crore, he said of this, the share is only 20 per cent from the organised sector.

”With the design thinking and innovation at the core of our business, Godrej interio continues to transform lives through design, customer centricity and cutting-edge technology,” he remarked.

”We plan to launch around five exclusive outlets across Kerala, while the state contributes five per cent to our brand’s overall business revenue annually. We aim to reach to Rs 70 crore by the end of the next financial year through channel expansions and new product launches catering to the state,” he added.