Home automation firm EBTL expects 5x revenue growth this year

Home automation firm EBTL on Wednesday said it expects its revenues to grow from Rs 20 crore in FY19 to over Rs 100 crore in FY 20 as it expanded in five countries over last one year.

The company has grown over 10 times since its inception and has witnessed exponential growth in terms of revenue.

This strategic expansion in International market has scalable potential, which was necessary for the company’s anticipated growth in the longer term, EBTL said in a statement.

EBTL’s Amour automation solutions are designed in India and are manufactured globally. The products are also used in thousands of residences, offices, and hotels across India and overseas as they are conducive to use.