Google India profit stays almost flat at ₹1,437 crores in FY25
The Hindu
Google India registered a flat standalone profit of ₹1,436.9 crore in the financial year ended March 2025, according to a regulatory document
Google India registered a flat standalone profit of ₹1,436.9 crore in the financial year ended March 2025 due to lower revenue and higher employee and tax expenses, according to a regulatory document shared by market intelligence firm Tofler.
The company logged a profit after tax of around ₹1,425 crore in the preceding financial year.
When contacted, a Google India spokesperson said that the financial numbers of 2025 were not comparable with those of 2024.
“Profit of Rs 1,425 crore for 2024 includes profit from the IT division. The IT division was demerged into a separate company (Google IT Services), so the 2025 GIPL profit numbers do not reflect IT division profit,” the spokesperson said.
The spokesperson further said that the net revenue for 2024 includes adjustment (addition) of ₹229 crore, which pertains to the revenue of fiscal years 2016-17 to 2022-23 but reflected in 2024 based on the BAPA agreement signed with the Indian government.
A note in the company’s financial report said the company entered into a Bilateral Advance Pricing Agreement (BAPA) with the Central Board of Direct Taxes (CBDT) under Section 92CC of the Income Tax Act, 1961, covering transactions pertaining to the purchase of advertisement space and enterprise products from Google Asia Pacific (GAP) in March 2024.
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