HomeNewsBusinessEarningsOpened 20 gyms on demonetisation day; adding more across the board: Talwalkars

Opened 20 gyms on demonetisation day; adding more across the board: Talwalkars

In an interview to CNBC-TV18, Anant Gawande, CFO & Wholetime Director at Talwalkars Better value Fitness spoke about the results and his outlook for the company. “We opened 20 gyms exactly on the demonetisation day and we have added approximately 8,500-9,000 members in that”, he said.

May 31, 2017 / 13:54 IST
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In an interview to CNBC-TV18, Anant Gawande, CFO & Wholetime Director at Talwalkars Better value Fitness spoke about the results and his outlook for the company.

“We opened 20 gyms exactly on the demonetisation day and we have added approximately 8,500-9,000 members in that”, he said.

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Company plans to list Talwalkars Lifestyle business separately, said Gawande.

“Probably this quarter or maximum first 30 days of next quarter the demerger should take place. We are at the fag end of that process”, he added.