Panasonic sales in FY20 fall in India for third year in a row

Panasonic India’s revenue fell 9% to Rs 4,338 crore in FY20 from a year earlier, while net loss widened to Rs 490 crore, according to the latest regulatory filings with the Registrar of Companies. The company’s revenue touched a peak of Rs 5,590 crore in 2016-17, when it was profitable, too.

from Tech-Economic Times https://ift.tt/3pVwVqJ