The smartphone industry is the company’s main source of income of Samsung India Electronics.
As according data provided by the company’s intelligence platform Updated, Samsung India Electronics’ profit after taxes for FY22 decreased 4.86 % to Rs. 3,844.40 crores while its operating sales increased 8.65 % to Rs. 82,451.60 crores.
For the financial year that concluded on March 31, 2021, the electronic industry giant recorded a PAT (profit after tax) of Rs. 4,040.80 crores and Rs. 75,886.30 crore in operating revenue.
The earnings before interest, taxes, depreciation, and amortisation, or EBITDA, for Samsung India were practically unchanged at Rs. 7,081.80 crore in the most current FY22 as compared to Rs. 7,093.40 crore.
For the fiscal year that concluded on March 31, 2022, it have seen an increase in other income of 77.89% to Rs. 2,873.20 crore.
In FY22, Samsung India’s overall income grew 10.09 % to Rs. 85,324.80 crore from Rs. 77,501.40 crore in FY21.
According to the Tofler information, it is the greatest one in the previous five years.
The total income for Samsung India in FY18 was Rs. 61,065.60 crore, and in FY19 this was Rs. 73,085.90 crore. In FY20, it was Rs. 78,651.20 crore.
For fiscal year 2021–2022, Samsung India’s total expenses increased by 10.93% to Rs. 79,758.90 crore, from Rs. 71,899 crore.
This was impossible to receive a reply with Samsung India till the story is submitted.
The mobile phone market is the business’s main source of income in Samsung India Electronics.
It operates in India’s market in sectors as audiovisual, home appliances, network, and software development and is a subsidiary of South Korean chaebol Samsung Electronics.