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Trivitron Healthcare eyes Rs 750 crore revenue in FY19

Press Trust of India  |  New Delhi 

Domestic Healthcare is looking to clock revenue of around Rs 750 crore in the current fiscal year, as it mulls inorganic growth in key focus areas, a top has said.

Established in 1997, the Chennai-based company posted revenue of around Rs 650 crore in the last fiscal year.

"We are looking at a revenue of around Rs 750 crore for the current fiscal year," Healthcare and MD GSK told

The focus areas for the company are laboratory, imaging, intensive care, operating rooms and renal dialysis, he added.

Out of these, 80 per cent of the profits come from the areas of laboratory and while others are emerging areas for the company, said.

"Going forward laboratory and will continue to be the focus areas for the company where we are looking for both organic and inorganic growth to push revenues," he added.

When asked about the key products manufactured by the company, said the number one product for the group is for new born screening.

Other products are machines, machines in a joint venture with Hitachi, mamography machines, all and products for intensive care units and operation theatres, he added.

On being asked about the state of medical device sector in India, the intent is there but the gap between intent and action needs to be narrowed, Velu said, adding that the domestic medical device industry needs to be nurtured.

Healthcare currently has with 9 USFDA, CE across five locations -- Chennai, Mumbai, Pune, and -- and has over 1,500 employees.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, October 07 2018. 11:50 IST