Business
Samsung India Profit Drops Sharply in FY26 Despite Small Rise in Total Revenue
Reported by Shreya Kapoor (Senior Writer) · The Hindu - Business ·
Confirmed by a second source: Business Standard - Top Stories
Samsung India Electronics saw its net profit drop by thirty-six percent to seven thousand two hundred twenty-eight point one crore rupees for the financial year ending March thirty-first, two thousand twenty-six. Even with the profit decline, its total operational revenue crept up by one point two percent to one point twelve lakh crore rupees. The company earned one point fourteen lakh crore rupees in total consolidated income for the year. An email sent to the firm for comments on the financial filing remained unanswered.
Business Segments
Mobile phones and accessories brought in the largest share of earnings, but revenue from handheld devices slipped one point thirty-five percent to eighty-one thousand four hundred seventy-two point two crore rupees. In the local market, Samsung fights Apple in high-end phones and competes with Chinese makers like Vivo, Xiaomi, Oppo, and Realme in budget segments. Meanwhile, home appliance sales grew three point fifty-two percent to twelve thousand two hundred forty point six crore rupees, and audio-visual device revenue rose eight point five percent to eight thousand fifty-five point nine crore rupees. Software development and export earnings also climbed six point eighty-five percent to two thousand four hundred thirty point one crore rupees, keeping Samsung as the sole appliance firm in India with a turnover above one lakh crore rupees.
Market and Expenses
Domestic sales grew nine point thirty-four percent to sixty-five thousand eight hundred seventy-three point three crore rupees, but export earnings dropped five point sixty-four percent to forty-one thousand sixty-eight point six crore rupees. Total business expenses rose three point fifty-four percent to one point zero four lakh crore rupees. Spending on ads and promotions dropped eleven point nine percent to three thousand eight hundred fifty point five crore rupees, while royalty payments sent to the South Korean parent company grew seven point two percent to three thousand four hundred seventy-four crore rupees.
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