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Ricoh India eyes to increase its top-line to four-fold by FY17: Report

21 Apr 2015 Evaluate

Ricoh India is reportedly aiming to increase its top-line to four-fold by FY17-end, from the Rs 1,047 crore it reported in FY14 on the back of its recent wins in the government space and increasing traction of its IT services business in the domestic market.

In its previous three-year mid-term plan period-ending March 31, 2014, the company had set a target to triple its revenues which has already been achieved.

Ricoh India is a leading global player in the area of imaging solutions like Digital Plain Paper Copiers, Colour Plain Paper Copiers, Colour & Mono Lazer Printers, Fax machines, Thermal paper etc.

Peers
Company Name CMP
Bharat Heavy Elect. 412.00
Thermax 3385.00
Kirloskar Industries 3536.60
Skipper 537.00
INDO-MIM 1227.05
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