Videocon Telecom posts top-line revenue of Rs. 1049 Cr in FY 2013-14; Targets Rs. 2500 Cr revenue in FY 2014-15

videocon

Videocon Telecom, the innovative & vibrant telecom arm of the Indian conglomerate Videocon Group, has achieved impressive top-line revenue of Rs. 1000 Cr. in the financial year 2013-14.

Since making a comeback into the telecom market early last year, the forward-looking Telco has strongly grown in terms of subscribers, revenue, brand visibility and positioning in the industry. This makes it one amongst the top telecom brands across its operational circles.

The top-line turnover of 1000 Cr. which Videocon Telecom has achieved in this financial year includes revenue earnings from its 4 operational GSM mobility business circles, NLD/ILD operations and its Wire line business in Punjab.

The Telco has crystallised its Strategic intent and Go to Market plans for the FY 2014-15 and aspires to grow its top line from Rs. 1049 Cr. in FY13-14 to Rs.2500 Cr.

Mr. Arvind Bali, the Director and CEO of Videocon Telecom said, “We are pleased to share that our Top line Revenue in the FY 2013-14 has been 1049Cr. Since our comeback in the Telecom domain early last year, we have taken a whole lot of initiatives to sustain and grow in this over competitive market and today Videocon Telecom is synonymous with best-in-industry products & services which has attracted a huge consumer base to the brand.

 

The first year of our comeback has given us a good head start and we not intend to grow our top-line to Rs. 2500 Crores in the coming financial year.”

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