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Lenovo group’s smartphone business reports sales of Rs 68.81 billion during FY 2018 in India

November 27, 2018
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According to the latest regulatory disclosures, Lenovo Group (including Motorola Mobility and Lenovo India businesses) has reported smartphone sales of about Rs 68.81 billion during the financial year (FY), 2018.

Motorola Mobility India, which handles the group’s smartphone business posted a profit of Rs 519 million during the period under consideration.

Lenovo India had moved out of the smartphone business in April 2017 as part of global restructuring. The company now focuses on the PC business. Lenovo India reported profits of Rs 950 million during the period under consideration as against the Rs 1.05 billion during financial year 2017.


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