Samsung sales growth slowed down in 2023-24

The country’s largest consumer electronic company by sales grew revenue by 4% year-on-year in FY24 at Rs 102,626 crore as compared with 16% increase in the year-ago fiscal, as per the company’s filings done to the Registrar of Company (RoC) on Thursday. This is the lowest pace of growth in at least the last eight years with the exception of the Covid year (FY21).

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