Ericsson India’s revenue falls 28% y-o-y to ₹3,360 crore in Jan-March

New Delhi: Swedish telecom equipment maker Ericsson continued to report a decline in its India business, marking the sixth straight quarter of falling sales.

In the January-March quarter of this year, the company reported a nearly 28% year-on-year (y-o-y) fall in revenue from its India operations to 3.85 billion Swedish crowns (approximately ₹3,360 crore), according to the company’s earnings statement.