Google advertising business stands at $65.9 billion in Q3

Google India’s total income stood at Rs 7,097 crore during the fiscal year

e4m by e4m Desk
Published: Nov 2, 2024 9:38 AM  | 1 min read
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Google India’s Profit After Tax (PAT) stood at Rs 1,425 crore in FY24, up 6% compared to the previous fiscal year, said a news report quoting business intelligence platform Tofler. The company posted PAT of Rs 1,342 in FY23.

Google India's total income was at Rs 7,097 crore in FY24, which included Rs 5,921 crore from continuing operations up 26% and Rs 1,176 crore from discontinued ones, said the report.

Total expenses for the year was at Rs 4,184 crore.

Google parent Alphabet's Q3 2024 revenue reached a record $88.3 billion, up 15% from the same quarter in 2023. Google's core advertising business drove the bulk of this, contributing $65.9 billion.  

The company also posted a record-breaking net income of $26.3 billion and an EPS of $2.12, both surpassing analyst estimates. In comparison, YouTube’s ad revenue hit $8.92 billion as Google continues to expand its video platform's reach.

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Published On: Nov 2, 2024 9:38 AM 
Tags Google india

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