Meta India Reports 43% Surge in Net Profit, Reaching Rs 505 Crore in FY24
Meta India's net profit jumped 43% to Rs 505 crore in FY24, thanks to a 24% rise in gross ad revenue, which hit Rs 22,730.7 crore. The company’s revenue from operations grew by 9.3% compared to the previous year, showing strong growth in online advertising as more people in India go digital.
By Avi G
November 2, 2024