Kent targets Rs 950 crore in FY19 revenues

Deccan Chronicle.

Business, Companies

The company, which plans to add its third factory in the next 4-5 years to meet the growing demand, has already purchased land for the unit in Noida.

The company, currently, has 19 models of water purifiers.

Hyderabad: With the company’s second factory set to be inaugurated on September 24th, Kent RO, which is targeting about Rs 950 cr in revenue for FY19,  is already gearing up to set up its third plant in Noida over the next five years, according to a top official.

Speaking to the media, Kent RO CMD  Mahesh Gupta said: “Last year we had a turnover of Rs 850 crore and this year we expect to cross Rs 950 crore.”

Mr Gupta, who was in Hyderabad to launch its new range of water purifiers, added that the company is growing at 15 per cent CAGR and aims to achieve Rs 1,500 crore turnover in another three years.

The company, which plans to add its third factory in the next 4-5 years to meet the growing demand, has already purchased land for the unit in Noida. The company, currently, has 19 models of water purifiers.

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