Google India on Saturday released the results for the financial year 2024. The company’s revenue grew 26% year-on-year (YoY) to Rs 5,921.1 crore in the financial year (FY24) ended March 2024. Google India’s revenue was Rs 4,700 crore in the last financial year i.e. FY23. This increase in the company’s revenue is due to strong growth in digital advertising in India, growth in digital adoption and a jump in sales of the tech giant’s enterprise products in the country. These revenue figures of the company do not include income of Rs 1,176 crore from discontinued operations. Revenue from operations grew 22% to Rs 5,518 crore If it is included, the total revenue of the company would have been Rs 7,097 crore, which is 25% less than last year’s Rs 9,470 crore. The company has given this information in its latest filing. The company’s revenue from operations grew 22.5% year-on-year (YoY) to Rs 5,518.1 crore in FY24 from Rs 4,504.7 crore in FY23. Net profit grew 6% to Rs 1,424.9 crore The company’s net profit grew 6% year-on-year to Rs 1,424.9 crore in FY24 from Rs 1,342.5 crore in FY23. The company’s profit from ongoing operations grew 60% to Rs 1,294.4 crore in FY 2024 from Rs 811.3 crore in FY 2023. Meanwhile, net profit from discontinued operations declined 76% to Rs 130.5 crore.
