According to analysts, the financial performance reveals that the anti-China rhetoric in social media and the strict actions by Indian authorities had no impact on the business<\/a> of the Chinese company<\/a> in India. The filings, made on Thursday, did not mention Xiaomi Technology India<\/a>'s profit or loss for FY22. Xiaomi<\/a> Technology India had posted sales of Rs 35,705 crore in FY21 and Rs 38,196 crore in FY20. In FY21, Xiaomi's net profit was Rs 275 crore, which had declined from Rs 401 crore in the previous year.
\"Xiaomi's business model works on razor-thin margins and leveraging volumes in sales. Their brand has positioned itself as an affordable brand and has not done very well in the premium segment and, as a result, there is constant pressure on the margins,\" said Mohit Yadav, founder of business intelligence firm AltInfo.
Yadav said a new strategy is needed to increase margins or otherwise the company's business model will come under scrutiny if the demand slows down or there is a sudden surge in prices of consumables.
The filings also show Manu Jain, Xiaomi Technology India<\/a>'s former managing director, had resigned from its board in February 2022, while Enforcement Directorate raids started in December 2021. In November 2021, Jain had become a director of the company, after stepping down as its MD. He announced his resignation from the Xiaomi Group in January this year. Muralikrishnan B<\/a> became an additional director and then a director at Xiaomi Technology India, both in November 2021. He is currently president of the company.
An email sent to Xiaomi Technology India did not elicit any response till Friday press time.
Xiaomi sells smartphones, televisions, laptops, tablets, small appliances and lifestyle products in India, competing with Samsung, LG, Oppo, Vivo and Lenovo, among others.
Samsung India's revenue from operations was Rs 82,451 crore in 2021-22, with the cell phone business alone contributing Rs 55,201 crore, while LG India's sales were Rs 17,171 crore. LG does not operate in the mobile phone segment.
As per market tracker Counterpoint Research, Xiaomi's market share in the Indian smartphone market was 20% in calendar 2022 as compared to 24% in 2021.
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小米的印度业务好转,FY22收入增长超过9%
小米转过身在FY22其印度业务与公司的营业额增长超过9%,达到39099卢比,FY20大流行前收入实现,按照监管披露公司的注册。
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小米扭转了印度业务在FY22公司的营业额增长超过9%,达到39099卢比,FY20大流行前收入实现,按照监管披露公司的注册。
分析人士表示,反华言论的财务业绩显示,社交媒体和印度当局的严格的行为没有影响业务中国的公司在印度。申请,周四,并未提及小米科技印度FY22的利润或损失。小米技术印度销售额为35705卢比FY21 FY20 38196卢比。在FY21,小米的净利润为275卢比,曾拒绝从上一年的401卢比。
“小米的商业模式在微薄的利润和利用卷销售工作。他们的品牌定位自己是一个负担得起的品牌,高档车市场中的并没有做得很好,因此,利润率的压力不变,“Mohit Yadav说,商业智能公司的创始人AltInfo。
Yadav说需要新的策略来提高利润率或其他公司的商业模式会受到审查,如果需求放缓或耗材的价格激增。
文件还显示马努Jain,小米科技印度前董事总经理,2022年2月辞去了董事会,而执法局袭击在2021年12月开始。2021年11月,耆那教徒已经成为公司的董事,在卸任。他宣布辞职的小米集团今年1月。Muralikrishnan B成为一个额外的导演,然后主管小米科技印度,在2021年11月。他现在是公司的董事长。
印度的电子邮件发送到小米科技没有引起任何反应,直到周五新闻时间。
小米卖智能手机、电视、笔记本电脑、平板电脑、小家电和生活方式的产品在印度,与三星、LG、同僚、活体和联想等。
三星印度业务收入82451卢比在2021 - 22日与手机业务仅贡献了55201卢比,而LG印度的销量17171卢比。LG并不在手机领域。
按市场追踪对比研究,小米在印度智能手机市场20%的市场份额在2022年日历相比2021年的24%。
分析人士表示,反华言论的财务业绩显示,社交媒体和印度当局的严格的行为没有影响业务中国的公司在印度。申请,周四,并未提及小米科技印度FY22的利润或损失。小米技术印度销售额为35705卢比FY21 FY20 38196卢比。在FY21,小米的净利润为275卢比,曾拒绝从上一年的401卢比。
“小米的商业模式在微薄的利润和利用卷销售工作。他们的品牌定位自己是一个负担得起的品牌,高档车市场中的并没有做得很好,因此,利润率的压力不变,“Mohit Yadav说,商业智能公司的创始人AltInfo。
Yadav说需要新的策略来提高利润率或其他公司的商业模式会受到审查,如果需求放缓或耗材的价格激增。
文件还显示马努Jain,小米科技印度前董事总经理,2022年2月辞去了董事会,而执法局袭击在2021年12月开始。2021年11月,耆那教徒已经成为公司的董事,在卸任。他宣布辞职的小米集团今年1月。Muralikrishnan B成为一个额外的导演,然后主管小米科技印度,在2021年11月。他现在是公司的董事长。
印度的电子邮件发送到小米科技没有引起任何反应,直到周五新闻时间。
小米卖智能手机、电视、笔记本电脑、平板电脑、小家电和生活方式的产品在印度,与三星、LG、同僚、活体和联想等。
三星印度业务收入82451卢比在2021 - 22日与手机业务仅贡献了55201卢比,而LG印度的销量17171卢比。LG并不在手机领域。
按市场追踪对比研究,小米在印度智能手机市场20%的市场份额在2022年日历相比2021年的24%。
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