Samsung India FY20 profit increases 88% to 2,902 cr; revenue up 7.6%

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.