Godrej Appliances expects to join billion-dollar club on 30% topline growth ...Middle East

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Godrej Appliances expects to join billion-dollar club on 30% topline growth
source : Business Standard ( Middle East ) () 71
Home-grown firm Godrej Appliances expects to become a billion-dollar company by the end of this fiscal, led by a 30 per cent growth in topline, a senior company executive said. The company is "very optimistic" about the short-term and mid-term outlook of the domestic market, during which it will launch new products and has plans to launch around 50 new models across categories in FY25, its Business Head & Executive Vice President Kamal Nandi told PTI. Godrej Appliances, a unit of Godrej & Boyce, recorded 60 per cent overall growth in the first quarter, led by an unprecedented demand for air-conditioners. "We have registered over 60 per cent growth in Q1 and expect to close the quarter at 50-

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