Samsung India Electronics experienced a significant 36% decline in profit to ₹7,228.10 crore for the financial year ended March 31, 2026, according to a Registrar of Companies filing. Despite this profit decline, the company managed to achieve revenue from operations growth of 1.2% to ₹1.12 lakh crore during the same period. As reported by Business Standard, this performance reflects the challenging market conditions faced by the consumer electronics major in the Indian market. The company's total consolidated income, which includes other income, was ₹1,14,738.60 crore in FY26, compared to revenue from operations of ₹1,11,183.40 crore on a consolidated basis for FY25, with profit standing at ₹11,287.50 crore during that period. The sharp decline in profit highlights a divergence between the company's sales performance in India and its bottom line, with total expenses increasing 3.54% to ₹1.04 lakh crore during the year.
The company's mobile phone business, which continues to be its major contributor to topline revenue, experienced challenges with revenue from HHP (Hand Held Phones), including mobile phones and accessories, falling 1.35% to ₹81,472.2 crore in FY26 from ₹82,595 crore in FY25. In the Indian smartphone market, Samsung competes with Apple in the premium category while facing intense competition from Chinese brands such as Vivo, Xiaomi, Oppo and Realme in the mass-market and affordable price segments. However, the company showed resilience in other segments with revenue from the audio-visual segment rising 8.5% to ₹8,055.90 crore from ₹7,427 crore a year before, and revenue from software development and export increasing 6.85% to ₹2,430.10 crore. Samsung is focusing on strengthening its television and appliances business, where it competes with players such as LG, Whirlpool, Haier and Voltas, as part of its strategy to diversify revenue streams beyond smartphones and benefit from growing demand for premium consumer durables.
Samsung India's diversification strategy showed positive results with revenue from the home appliances business increasing 3.52% to ₹12,240.60 crore against ₹11,823.30 crore a year ago. The company's domestic market performance was particularly strong with revenue from the domestic market up 9.34% to ₹65,873.30 crore as against ₹60,243.50 crore in FY25. However, total export revenue slipped 5.64% to ₹41,068.60 crore in FY26 from ₹43,527.80 crore in FY25. Samsung India Electronics maintains its position as the only company in the Appliance & Consumer Electronics Space with a turnover above ₹1 lakh crore. India serves as one of Samsung's most important global markets, serving both as a large consumer base and a manufacturing hub for exports to several countries. The FY26 numbers come as Samsung continues to diversify its business beyond smartphones, with televisions and consumer appliances forming an increasing part of its India operations.
According to financial data accessed through the business intelligence platform Tofler, Samsung India Electronics reported total consolidated income of ₹1,14,738.60 crore in FY26, which includes other income. The company's total expenses inched up 3.54% to ₹1.04 lakh crore in FY26, while advertisement and promotion expenses declined 11.9% to ₹3,850.50 crore from ₹4,370.70 crore in the year-ago period. Samsung India's cost royalty paid to its South Korean parent entity climbed 7.2% to ₹3,474 crore from ₹3,240.50 crore in FY25, reflecting the premium for technical know-how and manufacturing assistance provided by the parent entity. Samsung operates multiple research and development centres in India, including facilities in Bengaluru, Noida and Delhi-NCR, making the country one of its largest R&D bases outside South Korea.
