29.1 C
New Delhi
Tuesday, November 5, 2024
HomeTechSamsung India’s profit falls 5% to ₹3,844 crore; revenue up 9% to...

Samsung India’s profit falls 5% to ₹3,844 crore; revenue up 9% to ₹82,451 crore


Samsung India Electronics’ profit after tax for FY22 fell 4.86 per cent to ₹3,844.40 crore, while its revenue from operations went up 8.65 per cent to ₹82,451.60 crore, said data accessed by business intelligence platform, Tofler.


The electronic major reported a profit after tax of ₹4,040.80 crore and its revenue from operations was at ₹75,886.30 crore for FY21.

Samsung India’s EBITDA was almost flat at ₹7,081.80 crore in the latest FY22 as against ₹7,093.40 crore.

Its other income was up 77.89 per cent to ₹2,873.20 crore for the financial year that ended on March 31, 2022.

Samsung India’s total revenue was up 10.09 per cent to ₹85,324.80 crore in FY22 as against ₹77,501.40 crore a year ago.

This is the highest one in the last five years, according to the Tofler data.

Samsung India’s total revenue in FY18 was at ₹61,065.60 crore and ₹73,085.90 crore in FY19. It was at ₹78,651.20 crore in FY20.

Total expenses of Samsung India were at ₹79,758.90 crore for FY22, up 10.93 per cent, as against ₹71,899 crore.

A reply from Samsung India could not be ascertained till the time of filing of the story.

Samsung India Electronics receives its major revenue from the mobile phone business.

Related Stories
5G to drive next growth of mobile industry: Director-Mobile Business, Samsung India

BIJOY TO GIVE PIX Samsung’s market share in the 5G segment has grown to 25 per cent from 11 percent last year

Samsung Electronics also operates in audiovisual, home appliances, network and software development in Indian market.





Source link

- Advertisment -

YOU MAY ALSO LIKE..

Our Archieves