Anant Gawande, CFO & Whole Time Director, Talwalkars told CNBC-TV18 that this year it will start between 25-30 gyms.
With an eye on better earnings performance ahead, the fitness centre is introducing new products and ideas to help customers utilise more facilities.
In an interview to CNBC-TV18, Anant Gawande, chief financial officer, Talwalkars Better Value Fitness gives the details of their institutional placement (QIP) and their joint venture with David Lloyd Leisure Clubs.
Anant Gawande, CFO of Talwalkars said the company's performance has been encouraging in the first quarter of FY13. Looking at the good responses to new initiatives, Talwalkars is hoping to maintain 35% sales growth in the current fiscal.
Anant Gawande, CFO, Talwalkars Better Value Fitness told CNBC-TV18 that finacial year 2013 has started on a positive note for the company. Its topline grew 30% and bottonline 48% last year and it is confident of maintaining the company's grwoth rate at 30-35%.
Anant Gawande, CFO of Talwalkars Better Value Fitness says that his third quarter performance was impacted by the festive season.
Talwalkars Better Value Fitness saw a 24% year-on-year growth in net profit, coming in at Rs.2.01 crore. In an exclusive interview with CNBC-TV18, Anant Gawande, chief financial officer said that the company witnessed a small decline in PAT due to minority interest accounting.
Anant Gawande, CFO, Talwalkars Better Value Fitness in an interview with CNBC-TV18 spoke about the quarterly performance of the company.
In an interview with CNBC-TV18, Anant Gawande, CFO, Talwalkars, speaks about the results and gives his outlook going forward.