Home / Companies / News / Google India revenue grew 35% to Rs 5,594 crore in FY20, profit rose 24%

Google India revenue grew 35% to Rs 5,594 crore in FY20, profit rose 24%

Advertising revenue contributed about 27 per cent to the company's turnover. The share of IT-enabled services stood at 32 per cent, and that of IT services was at 41 per cent

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India’s digital transformation opportunity and anticipated 850 million smartphone users by 2025 have made the country a very attractive market for big tech companies like Facebook, Amazon and Google

Peerzada Abrar Bengaluru

4 min read Last Updated : Nov 26 2020 | 11:29 PM IST

Google India Private Limited, the Indian arm of the tech giant that gets most of its revenue from paid advertising, reported Rs 5,594 crore in revenues for 2019-20. This was 35 per cent higher than the previous year, show regulatory documents sourced from business intelligence platform Tofler.

The company also reported a net profit of Rs 586 crore during the financial year, up 24 per cent from a year earlier. The company’s total expenses in 2019-20 were Rs 4,455 crore. Advertising revenue contributed about 27 per cent to the company's turnover. The share of IT-enabled services stood at 32 per cent,

Topics : Google India

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