Info-tech

Microsoft's India business net profit up by 62% at Rs 625 cr

Our Bureau. Bengaluru | Updated on November 05, 2020

Microsoft Corporation, a research and development company, reported its India business revenues for the financial year 2019-20 at Rs 8,883 crore, a 22 per cent jump over the previous year.

The company also posted a net profit of Rs 625 crore during the same fiscal, marking a 62 per cent increase compared to the previous fiscal, as per a report released by Tofler. This business intelligence platform provides a 360-degree view of private businesses in India on Monday.

During the period, Microsoft India's total expenses stood at Rs 7,967 crore.

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Published on November 02, 2020

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