Syska eyes up to Rs5,000 crore turnover in 4-5 years

New Delhi: Home grown Syska group is aiming to become a Rs4,000 crore-Rs5,000 crore company in the next 4 to 5 years, said a top company official.

The company, which has diversified itself into segments ranging from LED-based lighting solutions to personal care products, also plans to go for listing on stock exchanges in next 2-3 years, said Syska group director Rajesh Uttamchandani.

“We are now coming in segments like house wire, cables, MCB switches and very soon introduce small appliances,” Uttamchandani told PTI. For fiscal year 2017-18, Syska is expected to have a turnover of Rs900 crore. Last fiscal, it was Rs635 crore, he added.

Read more at: https://www.livemint.com/Companies/uNnRQtUK5uZdpWctFHvNgI/Syska-eyes-up-to-Rs5000-crore-turnover-in-45-years.html

Syska eyes up to Rs5,000 crore turnover in 4-5 years

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