Kolkata: Xiaomi India<\/a> clocked its lowest sales growth but swung into profit in 2019-20.

Sales of the Chinese smartphone maker in India grew 7% over the year ago to Rs 38,196 crore in 2019-20, regulatory filings accessed by AltInfo showed. Still, the company posted a profit of Rs 401 crore in FY20 after sustaining Rs 148 crore loss a year earlier.

While Xiaomi did not state why sales growth had slowed, industry executives said the company has been trying to strengthen its presence in the mid-to-premium smartphones and Smart TVs, segments which have higher margins.

To be sure, Xiaomi is still India's largest smartphone company in terms of units sold. At 26%, it lost one percentage-point market share in 2020 from the year earlier, according to Counterpoint Research. Samsung and Vivo remained at the second and third spots, with no change in market share—21% and 16%, respectively, but Realme and Oppo did grow in the year gone by.

In terms of revenue, though, Xiaomi now ranks third behind Samsung Electronics Co. Ltd. and BBK Group, which sells smartphones under the Oppo, OnePlus and Realme brands.

“All efforts shall continue to be made to increase the revenue and retained earnings in the upcoming years,” Xiaomi India said in the filing. Queries separately sent to Xiaomi India remained unanswered till Sunday press time.<\/p><\/body>","next_sibling":[{"msid":80736661,"title":"Farmers' protest: Government ordered 4G mobile internet curbs on Feb 6 in Delhi border areas","entity_type":"ARTICLE","link":"\/news\/farmers-protest-government-ordered-4g-mobile-internet-curbs-on-feb-6-in-delhi-border-areas\/80736661","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"80736686","title":"Xiaomi India","entity_type":"IMAGES","seopath":"tech\/tech-bytes\/xiaomi-india-clocks-lowest-sales-growth-but-swings-to-profit\/xiaomi-india","category_name":"Xiaomi India clocks lowest sales growth but swings to profit","synopsis":false,"thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-26338\/80736686.cms?width=150&height=112","link":"\/image\/tech\/tech-bytes\/xiaomi-india-clocks-lowest-sales-growth-but-swings-to-profit\/xiaomi-india\/80736686"}],"msid":80737160,"entity_type":"ARTICLE","title":"Xiaomi India clocks lowest sales growth but swings to profit","synopsis":"Xiaomi India sales grew 7% over the year ago to Rs 38,196 crore in 2019-20 even as it clocked a profit of Rs 401 crore after sustaining Rs 148 crore loss a year ago.","titleseo":"telecomnews\/xiaomi-india-clocks-lowest-sales-growth-but-swings-to-profit","status":"ACTIVE","authors":[{"author_name":"Writankar Mukherjee","author_link":"\/author\/8447\/writankar-mukherjee","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/8447.cms?width=100&height=100","author_additional":{"thumbsize":true,"msid":8447,"author_name":"Writankar Mukherjee","author_seo_name":"writankar-mukherjee","designation":"Senior Editor","agency":false}}],"analytics":{"comments":0,"views":199,"shares":0,"engagementtimems":995000},"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2021-02-07 20:05:57","lastupd":"2021-02-07 20:06:34","breadcrumbTags":["Xiaomi smartphones","xiaomi sales in india","Xiaomi India","chinese smartphones in India","Devices","xiaomi india profit","xiaomi India sales","India smartphone sales"],"secinfo":{"seolocation":"telecomnews\/xiaomi-india-clocks-lowest-sales-growth-but-swings-to-profit"}}" data-authors="[" writankar mukherjee"]" data-category-name="" data-category_id="" data-date="2021-02-07" data-index="article_1">

小米印度时钟最低销售增长但利润波动

小米印度去年销售额增长7%至38196卢比在2019 - 20甚至达到401卢比的利润后维持去年同期亏损148卢比。

Writankar穆克吉,
等局

更新于2021年2月7日08:06点坚持

加尔各答:小米印度达到最低销售增长,但转为利润在2019 - 20。

中国智能手机制造商在印度的销售增长了7%,去年同期为38196卢比在2019 - 20日提交给监管机构的文件访问AltInfo显示。尽管如此,该公司公布利润401卢比在FY20持续亏损148卢比。

虽然小米没有国家为什么销售增长放缓,行业高管们表示,该公司一直在努力加强其在mid-to-premium智能手机和智能电视领域更高的利润。

可以肯定的是,小米仍然是印度最大的手机公司的销量。为26%,它失去了与会的市场份额从去年同期的2020年,根据对比研究。三星和体内保持在第二和第三点,没有市场份额的变化- 21%和16%,分别,但Realme和朋友今年增长了。