Price Hikes Aiding Growth In Mobile Segment; Planning 25 New Stores: Electronics Mart Mgmt
CNBC-TV18 · 23 Sept 2026 · 8 min
Management interview of Electronics Mart India Ltd (EMIL), with 5 key numbers discussed.
- Premchand Devarakonda, CFO, Electronics Mart India Ltd
Electronics Mart CFO Premchand Devarakonda stated that Q2 performance remains robust after a strong Q1, driven by an extended summer and steady footfalls. The company expects over 20% revenue growth for the current year, supported by mid-teens same-store sales growth (SSG) and momentum in the mobile segment from price hikes and volume growth. Electronics Mart plans to open 25 stores this fiscal year, including 10 stores in Kolkata starting around Diwali. Management also expects the EBITDA margin gap between northern and southern operations to narrow over the next two years.