Microsoft India Profit Jumps 38% to Rs 898 Crore in FY24
Microsoft Corporation (India) Private Limited reported a 38% increase in standalone profit to Rs 898 crore in FY24, driven by strong revenue growth. The company's revenue reached Rs 22,892 crore, an 18% jump year-on-year.
New Delhi, Dec 10 (PTI) Microsoft Corporate (India) Private Limited has recorded over 38 per cent rise in its standalone profit to Rs 898 crore in the financial year 2024, according to a regulatory filing of the company shared by Tofler.
The company is engaged in research and development, sale, and marketing of Microsoft software products.
Microsoft Corporation (India) had posted a profit of Rs 648.67 crore in the financial year 2023.
"Microsoft Corporation (India) reported its revenues for the financial year 2023-24 as Rs 22,892 crore, an 18 per cent jump since the last financial year. The company's total expenses for the fiscal were reported as Rs 21,669 crore," Tofler said in its report.
The company's total revenue in the financial year 2023 was Rs 19,353.8 crore.
The company is engaged in research and development, sale, and marketing of Microsoft software products.
Microsoft Corporation (India) had posted a profit of Rs 648.67 crore in the financial year 2023.
"Microsoft Corporation (India) reported its revenues for the financial year 2023-24 as Rs 22,892 crore, an 18 per cent jump since the last financial year. The company's total expenses for the fiscal were reported as Rs 21,669 crore," Tofler said in its report.
The company's total revenue in the financial year 2023 was Rs 19,353.8 crore.
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