iWorld

Samsung India revenue grows by 10% in FY18

The company also saw a dip of 10.7 per cent in net profit.

https://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2019/01/02/samsung.jpg?itok=sz6pXrbI

MUMBAI: As per regulatory filings with the Registrar of Companies (RoC), Samsung India saw a net profit fall of almost 11 per cent in FY18. Meanwhile, the revenues of the South Korean giant managed to lead the Indian smartphone market as they grew by 10 per cent to cross Rs 60,000 crore.

Despite its mobile business gross profit dipping in FY18 to Rs 3,415.9 crore crore from Rs 3,474.1 crore in the fiscal earlier, Samsung still emerged as the most profitable consumer electronics and smartphone maker in India. Total income of the company touched Rs 61,065.6 crore in 2017-18 from Rs 55,511.9 crore in the previous year, while net profit dipped by 10.7 per cent to Rs 3,712.7 crore, as per its latest filings. The company witnessed a sales growth of 37 per cent to touch Rs 37,349 crore.

However, Samsung’s television business took a hit last fiscal with sales declining by as much as 3 per cent to Rs 4,512 crore. The gross profit improved by 88 per cent to about Rs 222 crore.

Latest Reads

https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/11/11/ggroup.jpg?itok=ca8-2UJn
ZEE5 reveals largest content line-up for November

Imagine a destination where you can watch your favourite TV shows, Originals, movies, music and stay updated with breaking news across the country! ZEE5, India’s largest digital video streaming platform is your answer for unmatched and uninterrupted entertainment at your convenience.

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/11/09/EROS.jpg?itok=8Oe2wmaj
Eros International to release 4 Hindi films overseas

Eros International Plc, a global Indian entertainment company, has acquired international distribution rights to four bollywod films. The company has announced that it will release four Hindi language films across different genres later this year in several overseas markets including the UK, US and...

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/11/09/Netflix.jpg?itok=wGz1GRYx
Netflix rides Japanese anime wave with original content

Netflix has found a way to stave off competition from upcoming streaming giants Disney and Apple. The company is betting on Japanese anime such as Ultraman and Eden. According to a report in Mint, Netflix is also eyeing award-winning anime from Studio Ghibli such as Spirited Away and My Neighbor...

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/11/07/amazon.jpg?itok=-Trkb8oX
Amazon Prime Video unveils trailer of its latest unscripted original series One Mic Stand

MUMBAI: Amazon Prime Video today unveiled the trailer of its latest unscripted Amazon Original Series One Mic Stand. Created and hosted by ace comedian Sapan Verma in collaboration with Only Much Louder (OML), One Mic Stand is a unique concept, where renowned faces from varied walks of life try...

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/11/07/servant.jpg?itok=_8jcnkO3
Apple TV+ original series 'Servant' to premiere on November 28

MUMBAI: Apple has unveiled the official trailer for “Servant,” a new Apple Original series from Academy Award-nominated executive producer M. Night Shyamalan (Glass, Split, The Sixth Sense).  The series will premiere on November 28 exclusively on Apple TV+, a new home for the world's most creative...

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/11/07/prabhash.jpg?itok=lfKm5wC3
Big Trunk Communications appoints Praharsh Dixit as head - Social Media

MUMBAI: Big Trunk Communications, an award-winning, Mumbai-based independent creative digital agency, recently announced the appointment of Praharsh Dixit, as ‘Head - Social Media’ at its Mumbai office.

iWorld Social Media
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/11/07/Rajnish-Lall.jpg?itok=f1Oalme3
Rajnish Lall: Ad man to OTT content maker

MUMBAI: With the explosion of OTT space in the last decade, the content creation folks are having a gala time like never before.  In India alone, there are currently over 30 OTT platforms fighting aggressively for the customer’s wallet-share and screen-time by offering movies, music, sports...

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/11/06/zee5.jpg?itok=yXomVojj
ZEE5 reveals content line up for November

MUMBAI: India’s leading OTT platform ZEE5 has revealed its content line up for November. From original shows to blockbuster movies across languages, the platform has something for every consumer. The highlight of the month will be the digital premiere of the blockbuster and much talked about Dream...

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/11/05/fb.jpg?itok=mXgZzClH
Facebook introduces new company logo

MUMBAI: After a journey of 15 years from a single app to a suite of products, Facebook has introduced a new company logo to distinguish the corporate parent from its apps, especially the Facebook app. The rebranding comes amid a time when the company is tainted with antitrust investigations, and a...

iWorld Social Media

Sign up for our Newsletter

subscribe for latest stories