Samsung India Profits Drop 36% to $867m for FY26

Consumer electronics giant reports flat revenue growth as handset sales slip amid stiff local and Chinese competition. Samsung India Electronics recorded a 36 per cent year-on-year drop in net profit to 7,228.10 crore rupees ($867 million) for the financial year ended 31 March 2026, according to regulatory filings sourced via business intelligence platform Tofler.