Archive · 30 May 2025
Xiaomi's Q1 Revenue Hits Record ₹1.32 Lakh Crore, Profits Jump
Xiaomi, a tech company, had a fantastic start to the year!
They made a lot of money, with revenue reaching a record high.
Their profits also went up a lot.
They sold many smartphones, even becoming the top seller in China.
Xiaomi also had big sales in their home appliances like air conditioners and washing machines.
They are also selling electric vehicles, and they have plans to make even more in the future.
The company is planning to invest in research to create new technologies.
Xiaomi's Q1 revenue hit a record ₹1.32 lakh crore.
Adjusted net profit increased by 64.5% year-over-year to ₹12,680 crore.
Xiaomi reclaimed the top smartphone position in mainland China.
IoT division revenue surged 58.7%, driven by home appliance sales.
The company is investing in research and development and plans 350,000 vehicle deliveries for 2025.
- Who
- Xiaomi, a consumer electronics manufacturer.
- What
- Xiaomi reported record Q1 revenue of ₹1.32 lakh crore, with net profit up 64.5%.
- When
- During the first quarter of the year.
- Where
- Mainland China and globally.
- Why
- Driven by strong performance across various business segments and strategic initiatives.
- Revenue
- ₹1.32 lakh crore
- Net Profit Increase
- 64.5%
- China Smartphone Market Share
- 18.8%
- Global Smartphone Shipments
- 41.8 million units
- IoT Revenue Surge
- 58.7%
- EV Revenue
- ₹22,041 crore