The above graph represents the Oppo Mobiles India profit/loss of the year. Despite generating a massive 49% YoY growth in its 2018 operating revenue, the net loss of Oppo Mobiles India increased from just Rs 419.86 million in FY 2017 to a whopping Rs 3,578.11 million in FY 2018.
|Source||Oppo Annual Reports|
|Last Updated||August 2019|
|Note||Fiscal year – April 01 – March 31|
While in FY 2016, Oppo Mobiles India posted a huge loss of Rs 2,060.96 million, despite generating Rs 9,337.48 million in revenue from its operations.
As the company failed to generate any profits in FY 2018, 2017 and 2016, the Board of Directors had decided not to transfer any amount into the reserve of the company.
Oppo Mobiles India: Additional Information
Oppo Mobiles India Private Limited was incorporated on 23rd November 2013, and its headquarter is in Gurgaon, Haryana. The company is primarily engaged in manufacturing and trading of mobile phones, storage devices, and other wireless telecommunication devices.
As of June 2019, Oppo is the 5th largest smartphone brand in India, with 8% market share.
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