Samsung India FY20 profit up 88 pc to 2,902 crore; revenue up 7.6 pc to Rs 78,651 crore

New Delhi: Samsung India Electronics’ standalone net profit increased 88.4 per cent to Rs 2,902.30 crore in 2019-20, as per data provided by business intelligence firm Tofler. Samsung India had posted a net profit of Rs 1,540.10 crore in the financial year 2018-19.

Total revenue was up 7.6 per cent to Rs 78,651.20 crore in FY20 as against Rs 73,085.90 crore in the previous fiscal year.

The company’s revenue from operations in FY 2019-20 stood at Rs 75,461.50 crore, up 6.8 per cent from Rs 70,627.70 crore earlier.