Nikon India expects revenue of Rs1,000 crore by FY'24

12 Sep 2022 , 12:34 PM

Nikon India expects revenue of Rs 900 crore this fiscal year, owing to a strong sales recovery as the COVID-19 pandemic fades.

The company aspires to reach $1 billion in sales by the 2023—2024 fiscal year (FY24)

Despite pressure on margin and supply chain due to rising expenses, the company has not increased the prices of its items to keep holiday season sales strong.

From Onam to Diwali, the holiday season brings in between 32 and 35 percent of the company’s annual income.

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