Xiaomi India Profit Plunges 77 Per Cent To Rs 239 Cr, Revenue Dips To Rs 26,697 Cr In FY23
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The company recorded a 25 per cent decline in smartphone shipment during 2022, including three-quarters of FY23, while it is still leading the Indian smartphone market with a 21 per cent market share, according to market research firm IDC.
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