- Life Inspirations: AMERICAN MATHS CONTESTS AND MORE
- Teacher Insights: Learning Gene Identified
- Science Innovations: Steel-strong wonder wood is made
- Teacher Insights: Mystery of creative thinking ‘decoded’
- Science Innovations: Brain rhythms are sex specific
- Science Innovations: Pencil and paper convert heat to electricity
- Science Innovations: “Crystals of light” may become a reality
- Science Innovations: WHO warns against unhealthy intervention in birth
- Parent Interventions: Slow Eating Help Prevent Obesity
- Teacher Insights: Intentions of sporting are mostly gender-specific
- Science Innovations: The final hunt for Axions is on
- Leadership Instincts: Abusive supervision lowers productivity
- Technology Inceptions: “Street view for cyberspace” to provide flawless cyber security
- Policy Indications: Are you living in a chemical factory?
- Science Innovations: Herbicide-resistant weeds pose threat to global food security
- Parent Interventions: Bedtime Electronic Use Takes Toll on Kid’s BMI
- Teacher Insights: Dim lights produces dimwits
- Parent Interventions: Babies may Benefit from Pre-Birth Stress
- Science Innovations: “MOF” the future
- Science Innovations: We do it just the same as the fruit bats do!
Hyderabad: Consumer electrical and electronics major V-Guard Industries Ltd on Thursday said it registered close to 9 percent growth in the first half of the current financial year and expects the second half to be better. "Nine percent growth was less but second half can be better," said Ramachandran Venkataraman, Director & Chief Operating Officer, V-Guard told IANS here.
He said the Q2 was better than Q1 and things were getting closer to normal. He exuded confidence that normalcy will return by Q4 as things were slowly getting better post-demonetisation and post-GST. Things were also improving real estate and other sectors on which consumer electrical and electronics segment depend. "We hope the next year will be better," he said.
The Kochi-based company had revenues of Rs 2,100 crore during 2016-17, registering a growth of 15 percent. However, demonetisation and GST and the impact on other sectors, especially on real estate, impacted the sales during the current financial year. Following the success of its smart water heater, V-Guard on Thursday launched the nation's first-ever smart inverter.
Equipped with nine smart features, the inverter can be controlled through an app on any smartphone. The app allows consumer to control the performance levels based on the appliance's capacity.
Ramachandran said that the smart inverter also help consumers to complete a task disrupted by power outage. The cost of smart inverter is 20 percent higher than the traditional one. The company expects that 30 percent of all its inverters in the next financial year will be smart inverters.
He said the rollout of smart features for the entire range of inverters including solar-based inverters will be completed by March-April next year. V-Guard plan to sell 4.5 lakh inverters during the current fiscal.