energy, healthcare, consumer electronics and home security systems. In 2015, BPL partnered with Flipkart as an online retailer. In 2016, BPL launched new LED TV's like 32 inch and 40 inch etc with a very economical price through E-commerce websites like Flipkart and Amazon. Performance BPL Ltd has reported a net loss of in the second quarter of fiscal 2005-06, on gross sales of . Operating losses were at . Gross sales were in the corresponding period during 2004-05 while net loss was at . According to the company, the promoters have brought in as contemplated in the corporate debt restructuring scheme. The amount was to pay statutory liabilities, unsecured, pressing creditors, dealers, credit balances, employee dues and working capital requirements, in part. In respect to the auditors' qualification of the company's accounts for the period ended 31 March 2005, about undisputed amounts payable in respect of income-tax (), dividend tax (), wealth tax (), TDS () and customs duty (). The balance in customs duty would be paid once the financial restructuring is completed and normalcy of operations is achieved, according to the company. Joint venture with Sanyo The BPL Group and Japanese electronics major Sanyo Electric Company Ltd formally started their 50:50 joint venture. The partners, who had shared a long-standing relationship since 1982, had been off the market for about two years, going through some tough times. In the year 2006, they decided to get back in action together to regain lost market share. While unveiling the Joint Venture's plans, Sanyo-BPL Pvt Ltd Chairman and Chief Executive Officer, Ajit G Nambiar, said the company expected to post revenues of around by 2009 and lead the market in consumer electronics and white goods in five years. However, they decided to market their brands separately with BPL focusing on the volume segment while Sanyo brand positioned itself as the value driver. Besides, Sanyo also planned to use India as its sourcing base and has already started sourcing slim TVs from India. It also expected India to contribute five per cent of its global revenues from its operations in India. In May 2007 after the failure of Sanyo BPL venture. The attrition rate in Sanyo BPL was 70%. BPL concentrated 100% on Healthcare Business group which has its own manufacturing of electromedical equipment such as electrocardiography apparatus and patient monitors. BPL Medical Technologies BPL Medical Technologies was spun off into