According to the report of the Economic Times of India on February 7th, Beijing time, the regulatory documents show that in the fiscal year ending March 20th/kloc-0th/7th, the revenue of the Indian department of Xiaomi Company increased sevenfold, turning losses into profits. This shows that Indian consumers are increasingly favoring China manufacturers' cost-effective mobile phones. Xiaomi said that the company's performance this fiscal year will go to a higher level.

The document shows that in fiscal year 20 17, Xiaomi's revenue was 83.793 billion Indian Rupee (about1300 million US dollars), an increase of 696% compared with the previous year's 10462 million Indian Rupee; The net profit was 65.438+63.9 million Indian Rupee (about 25 million US dollars), and the net loss in the previous year was 469 million Indian Rupee.

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