Cera Sanitaryware to increase turnover to Rs 1,400 cr

Sanitaryware Ltd is targeting a turnover of Rs 1,400 crore to Rs 1,500 crore in the current fiscal, the company’s Chairman and Managing Director, Vikram Somany, said.

Speaking to reporters here after launching the company’s display showroom CERA Style Studio, he said the company will also start production from its new polymer plant this financial year.

He said: “Our turnover was Rs 1,180 crore in 2017-18 financial year. We are expecting a turnover of around Rs 1,400 crore to Rs 1,500 crore in 2018-19 fiscal.”

He said the company has a total of nine CERA Style Studios in the country and plans to more than double the same in the next two-three years.

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