According to the report, 65.9 million handsets were shipped in the second quarter, up over 24 per cent from January-March period.
About 37.3 million (56.5 per cent) feature phones and 28.7 million (43.5 per cent) smartphones were shipped in April-June.
Interestingly, feature phone shipment grew 27.7 per cent quarter-on-quarter, while that of smartphone was up 19.5 per cent.
"The third quarter would see record breaking performance due to several factors, including increased disposable income due to good monsoon and pay commission implementation for central government employees and pensioners," CMR said.
"Now onwards we are going to see a clear demarcation between new customer acquisition and the refresh among existing users of the phones," CMR Lead Analyst Telecoms Faisal Kawoosa said.
He added that smartphone shipments are growing on the back of new customers coming on board as well as refresh/upgrade by existing smartphone users.
"At the same time, as the mobile base expands to rural and tertiary regions of the country, we expect good traction for the feature phones as well," he said.
Micromax ranked second with 13.6 per cent (overall) share and 14.8 per cent share of smartphone and 12.6 per cent of feature phone market.
Others in the top 5 included Intex (10.4 per cent overall share), Karbonn (9.6 per cent) and Lava (8 per cent), respectively.
The high-end smartphone segment (above Rs 20,000 price band) registered 35 per cent growth during the quarter, with Oppo, LeEco, Asus, LG and Huawei benefiting the most, CMR said.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
