Facebook India revenue jumps 43%, total expenses at Rs 1,046 cr in FY20

India is the biggest user base for Facebook, with around 328 million users. The firm's WhatsApp messaging app has 400 million users in India, also the world's highest.

Facebook India Online Services, which operates a social networking website, reported its revenues for the financial year 2019-20 at Rs 1,277 crore. This is a 43 per cent jump since the last financial year, show regulatory documents sourced from business intelligence platform Tofler.

The company reported a net profit of Rs 136 crore in FY20, a 108 per cent increase from FY19. Total expenses for FY20 were reported as Rs 1,046 crore.

The company’s principal activities, including other business support services, contributed 57.18 per cent to the total turnover. Other information technology and computer services activities contributed 42.82 per cent