Maruti beats Samsung as no.1 customer-facing MNC in India

Samsung India’s revenue has soared by 8.6% to Rs 82,451 crores in FY2021-22.

Maruti Suzuki has regained its position as the largest customer-facing MNC in India, after Samsung India posted lower revenues in FY2022.

According to a media report, Samsung India’s revenue soared by 8.6% to Rs 82,451 crores in FY2021-22, whereas Maruti posted revenue of Rs 88,295 crore. The Korean smartphone maker's revenue had surpassed that of India's largest carmaker in FY2021.

The mobile phone business accounts for 67% of Samsung’s total turnover. It alone contributed Rs 55,201 crores towards revenue. The company’s home appliance business makes up 12% with a turnover of Rs 9,981 crores.

Despite growth in revenue, Samsung India’s net profit fell by 4.9% to Rs 3,844 crores.

Source: Economic Times

UPDATE 26/10/2022 3:47PM - The title and content of this article has been updated to be more accurate.