Xiaomi India Profit Plunges 77 Per Cent To Rs 239 Cr, Revenue Dips To Rs 26,697 Cr In FY23
New Delhi: Chinese smart device maker Xiaomi Technology’s profit in India nosedived 77 per cent year-on-year to Rs 238.63 crore in the 2022-23 fiscal, according to a regulatory filing. The company had posted a profit of Rs 1,057.7 crore in the preceding financial year. Xiaomi’s revenue from operations declined by about 32 per cent to…