{"id":878115,"date":"2024-11-19T08:41:18","date_gmt":"2024-11-19T03:11:18","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=878115"},"modified":"2024-11-19T08:41:18","modified_gmt":"2024-11-19T03:11:18","slug":"lenovos-growth-slips-again-in-india-amid-weak-pc-market","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/11\/19\/lenovos-growth-slips-again-in-india-amid-weak-pc-market\/","title":{"rendered":"Lenovo&#8217;s growth slips again in India amid weak PC market"},"content":{"rendered":"<p>Chinese computer manufacturer Lenovo India faced a second consecutive year of a fall in sales and net profit in FY24, when the country&#8217;s computer market slowed down from the Covid-19 peak. The company&#8217;s total income declined 14% year-on-year to Rs 10,847 crore, while net profit fell 3% to Rs 100 crore, as per the company&#8217;s filing with the Registrar of Companies. For FY23, the company had reported a 12% drop in sales while net profit fell a sharper 45%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chinese computer manufacturer Lenovo India faced a second consecutive year of a fall in sales and net profit in FY24, when the country&#8217;s computer market slowed down from the Covid-19 peak. The company&#8217;s total income declined 14% year-on-year to Rs 10,847 crore, while net profit fell 3% to Rs 100 crore, as per the company&#8217;s filing with the Registrar of Companies. For FY23, the company had reported a 12% drop in sales while net profit fell a sharper 45%.<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-878115","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/878115","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=878115"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/878115\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=878115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=878115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=878115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}