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Time of India
25-04-2025
- Business
- Time of India
Funskool India targets USD 40-45 mn revenue in current fiscal
Chennai, Toy manufacturer Funskool India Ltd has drawn up plans to achieve a revenue target of USD 40-45 million during the current financial year, capitalising on shifting global trade dynamics and the growing preference for Indian manufacturing, the company said. The company registered a 20 per cent year-on-year growth in FY2024-25 revenue. "We are moving in the right direction. With an impressive growth trajectory, Funskool continues to play a vital role in advancing the 'Make in India' initiative. We are focused on deepening our partnerships with global toy brands and further positioning ourselves as a quality toy manufacturer in the international supply chain," company CEO K A Shabir said in a press release on Friday. Funskool contributes close to 20 per cent of India's total toy exports, with shipments to the United States accounting for around 40 per cent. Last year, the company doubled its production capacity. In line with its aggressive growth plans, further capacity additions are planned across its production units in Ranipet and Goa, the company said. Funskool continues to expand its diverse portfolio of homegrown brands, including Giggles, Fundough, Play and Learn, among others.
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Business Standard
25-04-2025
- Business
- Business Standard
Toy manufacturer Funskool India targets $40-45 mn revenue in current fiscal
Toy manufacturer Funskool India Ltd has drawn up plans to achieve a revenue target of USD 40-45 million during the current financial year, capitalising on shifting global trade dynamics and the growing preference for Indian manufacturing, the company said. The company registered a 20 per cent year-on-year growth in FY202425 revenue. "We are moving in the right direction. With an impressive growth trajectory, Funskool continues to play a vital role in advancing the Make in India' initiative. We are focused on deepening our partnerships with global toy brands and further positioning ourselves as a quality toy manufacturer in the international supply chain, company CEO K A Shabir said in a press release on Friday. Funskool contributes close to 20 per cent of India's total toy exports, with shipments to the United States accounting for around 40 per cent. Last year, the company doubled its production capacity. In line with its aggressive growth plans, further capacity additions are planned across its production units in Ranipet and Goa, the company said. Funskool continues to expand its diverse portfolio of homegrown brands, including Giggles, Fundough, Play and Learn, among others.
Time of India
24-04-2025
- Business
- Time of India
Funskool India aims $40million-$45million revenue in FY26
CHENNAI: Funskool India is targeting a revenue of $40million–$45million in the current fiscal of FY26. It is capitalizing on the shifting global trade landscape and increasing preference for Indian manufacturing, the company said in a statement on Thursday. The toy manufacturer posted around 20% YoY growth in FY25 at more than Rs 300 crore against Rs 255 crore in FY24. The Chennai-headquartered firm contributes close to 20% of India's total toy exports , with exports to the US accounting for around 40% of its total outbound shipments. Exports grew by nearly 30% compared to the previous year, it added. K A Shabir , CEO, Funskool India, said, "We are focused on deepening our partnerships with global toy brands and further positioning ourselves as a quality toy manufacturer in the international supply chain." While it doubled the production capacity last year through major expansions at Ranipet facility , further capacity additions are planned across its Goa and Ranipet plants. Stay informed with the latest business news, updates on bank holidays and public holidays . Master Value & Valuation with ET! Learn to invest smartly & decode financials. Limited seats at 33% off – Enroll now!
