Sony India, a wholly owned subsidiary of Japan s tech major Sony Corporation, had logged a profit of Rs 103.71 crore for the financial year that ended on March 31, 2022, while its revenue from operations stood at Rs 5,161.23 crore.
As per the company s latest regulatory filings to the Registrar of Companies (RoC), Sony India revenue expanded 23% to 6,353 crore in the year under review, reaching pre-pandemic FY19 levels, while net profit went up by 31% to 136 crore.
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Despite the month of shraddh, the cricket World Cup has caused a surge in sales of large-screen TVs in India, with companies struggling to keep up with demand. The highly anticipated match between India and Pakistan has been driving the sales, which are being compared to the festive period of Dhanteras.