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IT giant Microsoft India has reported a 38.66 per cent rise in its profit to Rs 1,245.18 crore for the financial year ended March 31, 2025, according to its regulatory filing shared by market intelligence firm Tofler on Monday. The company had posted a profit of Rs 898 crore in the financial year (FY) 2024. Its revenue from operations increased by 27.44 per cent to Rs 28,754.77 crore during FY25 from Rs 22,561.91 crore a year ago. An email query sent to Microsoft India on its financial performance elicited no reply. The total revenue surged 28 per cent to Rs 29,303 crore. "Microsoft Corporation (India) Private Limited...reported its revenues for the financial year 2024-25 as Rs 29,303 crore, a 28 per cent jump since the last financial year. The company's total expenses for the fiscal year were reported as Rs 27,624 crore," Tofler said. The major expense component of the company is cost royalty, which increased by about 29 per cent on a year-over-year basis to Rs 20,294.13 crore i
Microsoft India President Puneet Chandok has termed the country one of the most exciting markets for technology and AI, underlining the company's commitment to India and belief in economic ties that power global growth. Chandok, President of Microsoft India and South Asia, told PTI in an interview that while AI now writes 30 per cent of the company's code, a massive "tech debt" remains on the supply side in the industry, one that requires more engineers, software and applications as the company pushes to build for the future. Microsoft CEO Satya Nadella had, in April this year, said as much as 30 per cent of the Redmond, Washington-headquartered tech giant's code is now written by artificial intelligence, or AI. Chandok described India as "one of the most exciting markets in the world for technology and AI". "We, as Microsoft, are committed to India and we want to move the country forward," he said. As a multinational organisation with extensive footprint worldwide, the company se
Microsoft on Thursday announced key leadership appointments for its India and South Asia operations, with immediate effect. Nitin Mittal, Himani Agrawal, and Aparna Kondaboina will take on new roles to drive the company's AI initiatives and overall business strategy in the region, according to a statement. Nitin Mittal has joined as Industry Leader, Digital Natives, India & South Asia. He brings over 24 years of experience in building digital platforms across finance, retail, e-commerce, and media sectors. His previous leadership roles include stints at Zee Entertainment, National Payments Corporation of India (NPCI), Unique Identification Authority of India (UIDAI), and founding SOLV, a B2B platform for SMEs. Himani Agrawal has been elevated to Chief Operating Officer (COO), Microsoft India & South Asia. With more than 25 years at Microsoft, Agrawal will now oversee revenue growth, strategic innovation, business simplification, and overall operations in the region. Aparna ...
Andhra Pradesh IT Minister Nara Lokesh on Thursday announced that the state government has entered into an agreement with global tech giant Microsoft to train two lakh youth in Artificial Intelligence and advanced skills. The Minister stated that the partnership with Microsoft will enhance the employability of the state's youth and prepare them for global opportunities. "Through this partnership two lakh youngsters will receive world-class training, boosting their employability and equipping them for global opportunities," Lokesh wrote in a post on 'X'. According to Nara Lokesh, the Andhra Pradesh government is placing a strong emphasis on skill development, with a commitment to make the state a hub for future-ready talent, driving innovation and growth.
Telangana Chief Minister A Revanth Reddy on Thursday inaugurated a new campus of Microsoft as the company celebrates its journey of 25 years in Hyderabad. The state-of-the-art 1.1 million sq ft LEED-certified building at Gachibowli, the city's IT hub would house 2,500 additional employees. Microsoft employs over 20,000 professionals in India over half of which work in Hyderabad. With the launch of the new building, Microsoft plans to hire another 4,800 employees, an official release said. On the occasion, Microsoft also announced another landmark initiativepartnering with the Government of Telanganato impart AI training to over 1.2 lakh people in the state. Under the first programme ADVANTA(I)GE TELANGANA, Microsoft is launching an AI Foundations Academy to introduce AI education to 500 government schools benefiting 50,000 students, it said. Additionally, the AI-Industry Pro program will upskill 20,000 industry professionals across Telangana. The third programme AI-Govern initia