Google India's revenue grew 35% to Rs 5,593.8 crore in FY 2020, profits increased by 24%

• The company had a net profit of Rs 586 crore for the financial year ended 31 March
• The company's expenditure in the last financial year also increased by 30% to Rs 4,455 crore.

Google India, the Indian arm of US tech tech company Google India, grew 34.8% in FY 2020 to Rs 5,593.8 crore. The company had a total revenue of Rs 4,147 crore in FY 2019. This information has been given by the market intelligence firm Toffler, quoting the Registrar of Companies filing.

586.2 crore profit

According to the filing, Google India has a net profit of Rs 586.2 crore in FY 2020. This is 23.9% higher than Rs 472.8 crore in the year-ago period. The company's revenue from operations in the financial year ended 31 March 2020 was Rs 5384.7 crore. This revenue was Rs 3992.8 crore in the same period a year ago.

30% increase in spending

Google India has seen a 30.4% increase in expenses in FY 2020. The total expenditure during this period has been Rs 4,455.5 crore. The total expenditure of the company has been Rs 3,416.5 crore in FY 2019. A Google India spokesperson said that the FY 2019-20 Google's pre-tax profit stood at Rs 1,138.3 crore. It also includes corporate tax of 302 crores rupees. During this period, the company has invested around Rs 400 crore on Indian operations.

Company provides IT and IT based services

Google India provides IT and IT based services to the Internet industry. Apart from this, the company also acts as a third party re-seller in the advertising space through the Google Ad-Words program. According to the filing, advertising accounted for 27% of Google India's total revenue. IT based services accounted for 32% and IT services 41%.

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