Friday, 24 March, 2023

Google India FY20 revenue rises 35% to ₹5,593.8 cr, profit up 24%

<p>Google India revenue grew 34.8% to about ₹5,593.8 cr in FY20 over the previous financial year. &nbsp;The tech giant&#39;s India income stood at ₹4,147 cr in the period, while net profit was higher by about 23.9% at ₹586.2 cr compared to ₹472.8 cr in the preceding fiscal. The company&#39;s expenses rose 30.4% to ₹4,455.5 cr in FY20 from ₹3,416.5 cr in 2018-19. Advertising revenue contributed about 27%, while IT-enabled services 32% and IT services 41%.</p>