Facebook India FY20 Revenue Up 43% At INR 1,277 Cr, Net Profit Doubles
India, Dec. 10 -- Social media giant Facebook India's revenues grew 43% year-on-year to about INR 1,277.3 Cr in 2019-20, while its net profit more than doubled to INR 135.7 Cr, as per regulatory documents.
Its total income was INR 893.4 Cr in the financial year ended March 31, 2019, according to Registrar of Companies filing - shared by market intelligence firm Tofler.
The net profit increased by over 107% to INR 135.7 Cr in FY20 as compared to INR 65.3 Cr in the preceding fiscal, it added.
When contacted, a Facebook spokesperson said India is an important market for the company.
"We are deeply committed to being an ally in the country's socio-economic transformation. We will continue to invest in our India operations while working wi...
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