Dollar Industries will grow by around 10 percent this financial year, said Vinod Kumar Gupta, Managing Director of the company.

“We are already onto production levels which were there with the company pre-COVID and we are of course on a growth path as well. If you look at the numbers of 9 months last year – 2019-2020 and comparable with this current financial year 2021, we have already touched upon the numbers of the 9 months figure. Q4 is always heavy for us and we look forward to a growth of around 10 percent in this financial year. We have also set a target of touching upon number of Rs 2,000 crore by end of March 2025 thereby with a CAGR rate growth of around 10-12 percent each year,” he said in an interview to CNBC-TV18.

He said that the EBITDA margins have improved and they are expecting 16 percent margins in FY22.

“We have already improved upon our EBITDA margins. EBITDA margins for the 9 months this year is close to 15 percent. We are struggling hard to maintain it and even improve it in FY22. In FY22 we want this to improve to minimum level of 16 percent,” he said.

On ad expenses, he said, “Expenses on advertisement side is slightly moving towards pre-COVID levels. We have come out with brand architecture and change in logo design. So this year we have spent heavily on publicity because of the new logo launch. So, this year we will be able to catch up the numbers of the last year figure and the same momentum is going to continue.”

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(Edited by : Aditi Gautam)