Vijay Sales bets GST cuts lift Diwali demand 15-20%, eyes 50-60% Q2FY26 revenue jump
The Mumbai-based electronics retailer expects GST reductions on ACs and large-screen TVs to boost festive demand 15-20%, with at least 10% higher Diwali sales. It projects 50-60% Q2FY26 revenue growth over Q1FY26, aided by phone and laptop upgrade cycles.
Consumer electronics retailer Vijay Sales expects GST cuts on ACs and large-screen TVs to lift festive demand 15-20%, with at least 10% higher Diwali sales and 50-60% Q2FY26 revenue growth aided by phone and laptop upgrades.
Why this matters
Vijay Sales continues an aggressive growth stance, having targeted Rs 13,600 cr FY26 sales while rebuffing PE interest, and earlier flagged induction cooktop demand holding at 2x post-LPG crunch.
Retail-company signals steady at 4,131 over the past 90 days.