Micromaxâs revenue tumbles 42% in fiscal year 2017
Indian smartphone maker Micromax's revenue has tumbled 42% in fiscal year 2017 as compared to the previous year, according to filings. Micromax reported revenues of â¹5,614 crore this year while the figure stood at â¹9,825 crore last year. The company also tripled its profit during the year to â¹365.8 crore.