BMW India said in its FY22 financial statement that the company is focusing on growth and achieving profitability through induction of new products in the market, strengthening its dealership network, and improving customer satisfaction while reducing costs.
The company posted its highest-ever revenue in India in FY22 at ₹4,365.8 crore. It posted a net profit of ₹60.06 crore in FY22 after posting losses of ₹12.55 crore and ₹49.34 crore in 2020-21 (FY21) and 2019-20 (FY20), respectively.
BMW India did not respond to queries until the time of going to press.
This story is from the November 09, 2022 edition of Business Standard.
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This story is from the November 09, 2022 edition of Business Standard.
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