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Elanpro Group, which sells commercial refrigeration merchandise, has posted a 74% development in its revenue at report ₹220 crore over the past fiscal on better demand.
Its revenue stood at ₹125.80 crore within the earlier monetary 12 months.
Elanpro has refrigeration merchandise catering to inns, eating places, cafes, supermarkets, QSRs and pharma industries.
The complete gross sales stood at 72,000 models in FY23, Elanpro mentioned in a press release.
“We delivered record net sales of ₹220 crore amidst rocky market conditions,” mentioned Shashank Joshi, Director, Elanpro.
The firm adopted varied technique together with amalgamation of its new acquisitions and recent model identification to obtain better development.
During the final fiscal 12 months, the corporate received recent contracts of about ₹80 crore.
The firm mentioned it lately launched a brand new collection of energy-efficient freezers, coolers and ice machines for foodservice trade.
It goals to create a sustainable ecosystem of various cooling merchandise catering to meals and beverage companies of various sizes.
The firm plans to enhance its current touchpoints to 1,500 from the present 700.
“We will continue to elevate professional refrigeration experience with industry knowledge, cutting-edge technology and innovative solutions. We are working towards developing a well-rounded portfolio catering to every Indian customer aspiring to open a restaurant, café, hotels, ice-cream parlour and F&B retail outlet,” Mr. Joshi mentioned.
The commercial refrigeration product phase is estimated at over Rs 5,000 crore market and the corporate is aiming a big share managed by each unorganised and organised gamers, the assertion mentioned.
