H1 2018 was not profitable for us. Fluctuating prices led to consumers holding back from purchasing large appliances. Pre-monsoon showers resulted in decline of air conditioners sales, but led to rise in washing machines sales. We made up for this year’s sales target in the festive season. We expect to achieve 10 percent growth in the current year.
Brands retailed: LG, Samsung, Haier, Godrej, Whirlpool, and Panasonic
Annual turnover (2017–2018): Rs 17 crore
Projected growth (2018–2019): 20 percent