Samsung India’s profit falls 5% to Rs 3,844 crore; revenue rises 9%

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

The electronic major had reported a PAT (profit after tax) of Rs 4,040.80 crore and its revenue from operations was at Rs 75,886.30 crore for the financial year that ended on March 31, 2021.

Samsung India’s EBITDA (Earnings before interest, taxes, depreciation, and amortisation) was almost flat at Rs 7,081.80 crore in the latest FY22 as against Rs 7,093.40 crore.

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