Business

lemon Mobiles aims for Rs500 cr turnover by fiscal end

PNS

Fastrack Communications, the makers of lemon Mobiles, is targetting to more than double its turnover to Rs500 crore by the end of this financial year.

"We clocked a turnover of Rs200 crore last year and we are targetting a turnover of Rs500 crore by the end of this fiscal," Fastrack Communications Co-Founder and Director Sandeep Mushran said here.

The company on Tuesday launched a full high definition (HD) smartphone A4 for Rs 17,999 which sports a 13 mega pixel rear and 5 mega pixel front camera.The phone, part of its aspirational series, has 1.2 Ghz Quad Core processor.