Its a budget TV with average quality.
Picture Quality - Average. Main issue is that it has poor processor which is unable to clearly differentiate contrasting colors. For e.g. you will see non-smooth text(white) over a contrasting background(black) in several situations. Picture is also a bit grainy.
Colors - Good. It has good spectrum of colors and colors are rich for a TV of this price range. Better than similar TVs like micromax, Vu, etc.
Sound - Horrible Experience. Very low for a living room if you watch movie, etc. from hard drive. Sound on cable TV is fine though. Do not think of connecting a speakers. It doesn’t have optiocal/3.5 mm ports, only option is RCA - which is useless because you will not be able control the volume of speaker anymore through remote. Another extremely funny thing is that beyond a certain volume level(25% of max), audio switches from external speakers to TV speakers.
Connectivity - Very few options. Only 2 HDMI and 1 USB port with A/V connections available. No Optical. No 3.5 mm jack.
Software - The software of the TV is horrible.
Overall its a below average buy even if you aren’t crazy about TV watching . If you want to watch TV soaps and sports in HD for low price - its a decent buy. It doesn’t even qualify for movie experience.