Saraf Furniture Sales Exceeds Rs 100 Cr Mark In 2020
Saraf furniture, one of India’s leading Sheesham wood furniture manufacturing company and having store in Gachibowli Hyderabad, has registered an overwhelming Year-On-Year (YoY) financial growth. The proudly Made-In-India brand has witnessed a turnover of Rs 100 crores in the year 2020. The furniture brand famous for its diverse portfolio had registered a turnover of Rs 35 crore in the year 2019. Noteworthy, the remarkable growth in the business of Saraf Furniture has been witnessed despite the slowdown in the market due to Covid-19 pandemic. The average monthly sales volume has also seen a substantial jump in the year 2020 vis-à-vis 2019. In the year 2020, the average sales volume a month stands at 3350, amounting to Rs 8.5 crores. However, in the year 2019, the average sales volume per month stood at 1250, amounting to Rs 3 crores. With all the financial figures taken into account, Saraf Furniture sculpted a really good balance sheet in the year 2020 as compared to the year 2019, both in terms of yearly turnover and average monthly sales volume.
Tags : ALLIED Saraf Furniture Sheesham wood furniture manufacturing company