Sony India’s profit in the last financial year increased by 32% to Rs 136.7 crore.
New Delhi: The profit of electronic products manufacturing company Sony India increased by 31.8 percent to Rs 136.7 crore in the last financial year (2022-23). According to the company’s financial data received from Tofler, a platform that provides information about companies, the company’s operating income increased by 23.1 percent to Rs 6,353.74 crore during this period.
Sony India, a wholly owned subsidiary of Japan’s leading technology company Sony Corporation, had a profit of Rs 103.71 crore in the last financial year. Its operating income was Rs 5,161.23 crore. “This is due to a strategic shift in its offerings,” said Sunil Nayyar, managing director, of Sony India.
He said, “The current financial year also looks promising and we are expecting a 15-20 percent price rise and profits are also going to be good. “The company’s 55-inch and larger premium TV sets will primarily drive growth.” Also, read this.