Retail
Cellecor Gadgets Limited Reports Highest-Ever Half-Yearly Sales of INR 425 Crores in H1 FY25
TFW Bureau
Oct 16, 2024 - 2 min read
Net Sales Up 103% YoY and EBITDA and PAT Surge Over 98% for the company
Cellecor Gadgets Limited has reported a strong growth in the first half of FY25, showcasing strong financial performance. The company reported a total revenue of INR 425.71 crore, marking a 103.05% increase compared to H1 FY24.
EBITDA surged by 98.67%, reaching INR 25.31 crore, while PAT grew by 108.26%, totaling INR 14.62 crore. When compared to H2 FY24, the company also experienced significant growth, with revenue up by 46.39%, EBITDA increasing by 49.67%, and PAT rising by 61.19%, demonstrating its sustained expansion and profitability trajectory.
Looking ahead to H2 FY25, Cellecor is set to strengthen its ESG practices, launch a dedicated mobile app for seamless service, and deepen ties with large-format retail partners. The company remains committed to delivering innovative solutions and shaping an exciting future for consumer electronics in India.
Ravi Agarwal, MD and Founder, Cellecor Gadgets Limited said, “In H1 2024-25, we have achieved remarkable financial and business outcomes, marked by a notable increase in sales volume and substantial growth in our value-added products segment. These milestones reflect our strong commitment to driving innovation and delivering top-tier consumer electronics.”
“At Cellecor, we continue to prioritize strategic investments that are crucial for future growth. Simultaneously, we are actively seizing emerging opportunities to further enhance value delivery to our loyal customers. Thank you for being part of this journey. Together, we are shaping an exciting future.” Ravi added.
Cellecor Gadgets Ltd, founded in 2012 by Ravi Agarwal, has become a prominent player in India's consumer electronics market. The company offers a wide range of affordable yet high-quality products, including mobile phones, smart TVs, smartwatches, TWS earbuds, soundbars, and kitchen appliances. Cellecor has recently expanded into home appliances, launching products like air fryers and fully automatic washing machines.
