From ₹850 Trainee to Turning Around a ₹127 Cr Business: Success Story of converting loss making division into Profit

Phase 1: Building Growth from the Ground Up

When I Took Charge

  • Annual Sales: ₹2.5 Crore

Through

  • Relentless execution
  • Strong customer relationships
  • Innovative sales strategies

👉 I doubled the business in 6–7 years

My Key Contributions

  • Zero-debt management
  • Expanding dealers & distributors
  • Driving new business acquisition

…led to something unusual.

💥 Promoted directly from Branch Manager to General Manager, skipping multiple hierarchy levels

Phase 2: Leading Through Crisis (Mumbai – 2001)

When I Moved to Mumbai

The Office Products Division of KORES India Limited was struggling.

  • Sales dropped: ₹79 Cr (1995–96) to ₹75 Cr (2003–04)
  • Computerization was disrupting traditional products
  • Business was declining steadily

Then came my biggest challenge…

👉 As Vice President (Independent Charge), I took full responsibility

Phase 3: The Turnaround Story

Business Growth

From ₹78 Cr (2004–05) ➡️ ₹127 Cr (2011–12)

Here’s What Made the Difference

🧩 System & Structure

  • Built strong SOPs
  • Introduced operational discipline

🌐 Channel Expansion

  • Appointed new:
    • Dealers
    • Distributors
    • Channel partners

💡 Product Innovation (Game Changer)

  • Launched 137 new products
  • Generated ₹35 Crore additional revenue

🌏 Global Sourcing Vision

  • Visited Wuhan (China) multiple times
  • Introduced Dustless Chalk in India
  • Imported first container

👉 Today, this product became a flagship revenue driver and is now manufactured in India

🛒 New Business Model

  • Introduced Direct-to-Consumer (D2C) model
  • Opened new revenue streams

👥 People Transformation

  • Trained sales teams to become professionals
  • Improved:
    • Compensation
    • Career growth
    • Lifestyle

The Result

  • Loss-making division turned into profitable business unit
  • Sustainable systems established
  • Strong product portfolio built
  • High-performing sales culture created

My Core Belief

“Turnaround doesn’t come from one big decision— it comes from getting the basics right, consistently and relentlessly.”