"Last fiscal, the company's revenue was Rs 3,400 crore. This fiscal, we are aiming at a revenue of Rs 4,200 crore, 25 percent higher," company's Chairman and Managing Director Shekhar Bajaj said told reporters on the sidelines of the AGM of Indian Fan Manufacturers Association.
He said out of the three divisions of the company, the consumer durables segment was expected to grow between 20 to 22 percent, lighting segment between 18 to 20 percent and engineering and projects (EPC) arm at 50 percent.
Although the EPC division witnessed a de-growth of 17 percent in the last fiscal, this time the expected growth in the first six months was 60 percent driven by transmission and rural electrification, he said.
By 2016-17, the company was eyeing a revenue of Rs 10,000 crore, Bajaj said.
He said the company was looking at both organic and inorganic growth.
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