Talwalkars Better Value Fitness said on Monday that it expects to generate revenue of Rs. 125-130 crore during this fiscal year.

The company which got listed on the two Indian bourses is into the business of fitness and has its own chain.

Talking about this, the managing director and CEO of Talwalkars said that the during the 2009 fiscal year, the revenue of the company was merely Rs. 59 crore. For 2010, they expect a figure of Rs. 79 crore. This confidence, he said, has come since the company has grown fast and steady ever since the year it was incorporated.

He said that the company at present is in the process of making its FY 2010 results.

The fitness company has seen a sales turnover of Rs. 10 crore in 2006 to become Rs. 59 crore during 2009. This means that it has seen a compound growth rate of 80 per cent.

At present, Talwalkars has 58 fitness centers and has 55,000 as members. It now plans to open 32-35 centers by the end of this fiscal.

From the new centers alone, it plans to generate Rs. 50 crore.