Tenon Group aims 40pc growth in revenue in FY 2023-24

NEW DELHI: Tenon Group, a market leader in the integrated security and facility management industry with a strong presence in India, UK, and Singapore, aims to grow revenue by 40 percent in the fiscal year 2023-24.

As India’s third largest provider of private security services, facility management, and security solutions, the company has achieved a significant sales record of INR1,900 crores in the fiscal year 2022-23.

Tenon Group of Companies is a conglomerate of three market leaders with a strong foothold in global space: Tenon FM, Peregrine Guarding, and Soteria (remote monitoring and surveillance service provider via Internet of Things devices and Artificial Intelligence).

Witnessing massive growth across its geographies, Peregrine Security has achieved about INR1,011.12 crores in sales and expects to close this year with INR1,401.17 crores. Subsequently, Tenon FM has crossed INR478 crores, increasing operational efficiencies across three countries with over 74+ corporate offices and 88,000 + seasoned professionals.

Apart from the international presence, the group has also expanded its footprints in different regions of India, aiming to deliver its services to the country’s remotest regions.

On the group’s expansion plans, Maj. Manjit Rajain, Global Chairman Tenon Group, said, “Since our inception, we have come a long way. It’s been a wonderful 28-year journey. We hope and ensure that we will keep delivering quality services to our valuable customers. The entrepreneurial spirit surrounding our whole organisation, our capacity to turn adversity into opportunity, and our seamless efforts are the reasons for our sustained performance. I want to thank all our staff members and distinguished stakeholders for this outstanding achievement.”