Samsung India FY26 profit drops 36% as mobile revenue slips

Samsung India reported FY26 profit of ₹7,228.1 crore, down 36% year-on-year, despite a 1.2% rise in revenue to ₹1.12 lakh crore. Mobile revenue fell 1.35%, while home appliances and audio-visual sales grew; domestic revenue rose 9.34% and exports declined 5.64%.

— Source publishedTue, 22 Sept, 2026, 22:32 IST·First seen Tue, 22 Sept, 2026, 22:38 IST·Source Business Standard · Companies

What happened

Samsung India Electronics · Samsung India’s FY26 profit fell 36% to ₹7,228 crore despite a 1.2% revenue increase. Mobile revenue declined, while appliances and

Key facts

  • FY26 profit: ₹7,228.10 crore, down 36%
  • FY26 revenue from operations: ₹1.12 lakh crore, up 1.2%
  • HHP/mobile revenue: ₹81,472.2 crore, down 1.35%
  • Home appliances revenue: ₹12,240.60 crore, up 3.52%
  • Audio-visual revenue: ₹8,055.90 crore, up 8.5%

What changed

Samsung India’s FY26 profit fell 36% to ₹7,228 crore despite a 1.2% revenue increase. Mobile revenue declined, while appliances and AV grew. Domestic sales rose 9.3%, exports fell, and Samsung cut advertising spending while increasing royalties paid to its South Korean parent.

Why this matters

Samsung India’s 36% profit decline despite modest revenue growth highlights margin pressure from weaker mobile sales, making mix, pricing and cost discipline the key operating priorities.

What to watch

  • Galaxy S and Galaxy A sell-through, average selling prices and discount intensity during festive and online-sale periods.
  • India smartphone market-share changes versus Apple, Xiaomi, Vivo, Oppo and Transsion brands.
  • Gross-margin commentary, marketing spend, inventory provisions and local manufacturing-cost trends.
  • Growth rates for televisions, air conditioners, refrigerators and premium appliance categories.
  • Export order recovery or further decline, especially from India manufacturing operations.