Finance & Markets

Godrej Security Solutions aims at Rs 1,000 cr turnover by FY’24-25

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KOLKATA, (PTI): Godrej Security Solutions (GSS) is eyeing a turnover of Rs 1,000 crore by the fiscal year 2024-25, driven by strong demand-led growth, company officials said.

”We have grown 40 per cent since the pre-pandemic levels. With product innovation and new launches, we hope to cross Rs 1,000 crore (turnover) by 2024-25,” GSS Business Head Pushkar Gokhale said on the sidelines of unveiling of an experience centre in city.

The company’s revenue currently accounts for about 5 per cent of its parent Godrej & Boyce Mfg Co’s topline of Rs 12,000 crore.

Gokhale said GSS was exploring options to boost its export business by introducing new products in the African and UAE markets.

Safes and vaults make for around 80-85 per cent of the total revenue from domestic and exports.

”There are 10 experience centres across the country, and we will add 8-10 more in the next one year,” Gokhale added. PTI)

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