Margins should remain steady going ahead: Talwalkars

Talwalkars Better Value Fitness posted a steady set of earnings in Q1 as the profit after tax jumped and there was a slight improvement in margins.

In an interview to CNBC-TV18, Anant Gawande, CFO & Wholetime Director of Talwalkars spoke about the results and his outlook for the company.

Q1 is a subdued quarter for the company. August-September accounts for a significant part of the revenue which has started off well. Q1 same-stores-sales-growth (SSSG) has been at 6 percent, he said.

Currently they have 78 Yoga centres.

Have increased membership fees by 15-20 percent but also added additional services, said Gawande.

“We believe the steadiness of the margin should continue,” he further mentioned.

For full interview, watch accompanying video...