Samsung India FY26 profit falls 36% as mobile revenue slips

Samsung India reported FY26 profit of ₹7,228.1 crore, down 36%, despite revenue edging up 1.2% to ₹1.12 lakh crore. Mobile revenue declined 1.35%, while home appliances and audio-visual sales grew, underscoring a diversification push amid intense smartphone competition.

— Source publishedTue, 22 Sept, 2026, 16:52 IST·First seen Tue, 22 Sept, 2026, 16:56 IST·Source The Hindu BusinessLine

What happened

Samsung India Electronics · Samsung India’s FY26 profit fell 36% to ₹7,228.10 crore despite a 1.2% rise in revenue. Mobile revenue declined, while appliances

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 ₹7,228.10 crore despite a 1.2% rise in revenue. Mobile revenue declined, while appliances and audio-visual grew, supporting its strategy to diversify beyond smartphones amid intense India-market competition.

Why this matters

Samsung India’s 36% profit drop despite modest revenue growth highlights an urgent need to restore mobile margins while scaling faster-growing home appliance and audio-visual categories.

What to watch

  • Samsung smartphone shipment and value-share trends in India, especially in the ₹15,000-₹30,000 segment.
  • Festive-season discounting, trade-in intensity and dealer incentive levels across Android competitors.
  • Growth and gross-margin contribution from appliances, televisions and audio-visual products.
  • Premium Galaxy flagship sell-through, financing uptake and wearable/accessory attachment rates.
  • Inventory days, retail channel stock levels and any increase in price protection or write-down provisions.