Xiaomi released its financial results for the first quarter of this year on Wednesday, as it reported unified unified revenues of a rupee value. 1.31 Carar Carar for a period from January to March. This represents the second quarter in a row in which the company exceeded rupees. 1.2 Crore. Compared to the same quarter in the previous year, the technology giant claimed that he reached an annual growth (YOY) by 47.4 percent. Xiaomi also claimed that his average net profit reached a rupe. 12,680 rupees for the first time, on the occasion of YOY growth by 64.5 percent.
Xiaomi attributes the excellence strategy for strong revenue numbers
In a press release, the Chinese technology giant registered positive revenue numbers in all its commercial sections in the first quarter of 2025. This is due to its discrimination strategy, which indicates the company’s efforts to convert the product portfolio from budget offers to higher margins and distinct devices, as Xiaomi said that the newly launched products witnessed a strong reception from consumers.
During this period, the company claimed that smartphone revenues grew by 8.9 percent on an annual basis, reaching a rupee. 59,961 rupees. The most prominent here is Xiaomi 15 Ultra, which was launched in February, and saw sales growth by 90 percent compared to its predecessor during the same period, last year. In general, the technology giant said it paid the average selling price (ASP) for smartphones to rupees. 14,372 in Q1 2025, on a high level of standard.
On the other hand, it was also said that the Internet (IOT) and smart home devices grow 58.7 percent compared to the same quarter in the previous year, reaching a rupe. 38276 rupees. Hero products in Xiaomi in this category were a washing machine and refrigerator. The electric vehicles were brought to the company (EV), artificial intelligence (AI), and other new initiatives rupees. 22,041 rupees in revenue, with a highlight of Xiaomi SU7 chain vehicles, which represent a total shipment of 75,869 units.
Xiaomi stated in the press statement that global smartphones shipments in the specified quarter were 4.18 rupees, on the occasion of Yoy’s continuous growth for seven consecutive quarters. Quoting data from Canalys (now part of OMDIA), the company claimed that it has maintained its position among the best 3 brands in terms of smartphones shipments for the nineteenth quarter in a row, indicating the 14.1 percent market share.
Upon arrival to the Internet of Things and the smart home, Xiaomi claimed that its air conditioner shipments exceeded 11 units of the flies, which represents a significant growth on an annual basis by 65 percent. Refrigerator and washing machine charges also recorded 8.8 clooles and 7.4 units for the flies, respectively.
The company also claimed that its global tablet shipments grew by 56.1 percent on an annual basis, but actual shipping numbers were not shared. In addition, the total number of users with five or more devices connected to its AIOT platform (except for smartphones, tablets and laptops) reached 1.93 rupees, with 26.5 percent growth on an annual basis, Xiaomi said. Moreover, the technology giant claimed that the monthly active users of the Mi Home application and artificial intelligence assistant grew to 10.64 rupees (19.5 percent increase on year) and 14.67 rupees (17.5 per cent of YO), respectively.
