Shekhar Bajaj, chairman and managing director, Bajaj Electricals said that the company will maintain upwards of 20% growth in FY19.

“Lighting has grown by about 35 percent and appliances have grown by 32 percent,” he said.

“Consumer products margins has gone up to 7 percent from 0.7 percent earlier. This is a sustainable number,” he added.

“Fixed cost has come down in terms of percentage because our business has gone up,” said Bajaj.

He also mentioned that the company expects atleast 20% Growth In Consumer Durable Business In FY19.