Intex posts 100% growth in FY13-14
VARINDIA- INDIA'S FRONTLINE IT MAGAZINE
Intex Technologies has announced its financial results for FY 2013-14. Intex clocked a phenomenal growth rate of 100% in its overall turnover with an annual revenue base of more than Rs.2,000 crore in FY 2013-14, as compared to Rs.1,000 crore in FY 2012-13.
Intex’s mobile vertical is the major contributor to the revenue achievement. The mobile vertical alone has grown by more than 300%, accounting for 65 per cent of the company’s overall annual turnover in FY 2013-14.
Narendra Bansal, Chairman & Managing Director, Intex Technologies, said, "Our 100% growth story in FY 2013-14 is a clear reflection of the success of our product innovation and revamped brand imagery. With our mobile division having contributed significantly to our overall revenues, this vertical is being considered as a future growth driver. FY 2014-15 looks promising because of a growth in the demand for smartphones and LED TVs. Our foremost focus this year will be on innovation. We will endeavour to delight our customers with more novel products at attractive price points.....See More
Intex’s mobile vertical is the major contributor to the revenue achievement. The mobile vertical alone has grown by more than 300%, accounting for 65 per cent of the company’s overall annual turnover in FY 2013-14.
Narendra Bansal, Chairman & Managing Director, Intex Technologies, said, "Our 100% growth story in FY 2013-14 is a clear reflection of the success of our product innovation and revamped brand imagery. With our mobile division having contributed significantly to our overall revenues, this vertical is being considered as a future growth driver. FY 2014-15 looks promising because of a growth in the demand for smartphones and LED TVs. Our foremost focus this year will be on innovation. We will endeavour to delight our customers with more novel products at attractive price points.....See More
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