{"id":45207,"date":"2020-11-27T17:47:42","date_gmt":"2020-11-27T12:17:42","guid":{"rendered":"https:\/\/allgujaratnews.in\/?p=45207"},"modified":"2020-11-27T17:47:42","modified_gmt":"2020-11-27T12:17:42","slug":"googles-business-in-gujarat-at-rs-500-crores-profit-of-rs-50-crores-people-enjoy-internet","status":"publish","type":"post","link":"https:\/\/allgujaratnews.in\/en\/googles-business-in-gujarat-at-rs-500-crores-profit-of-rs-50-crores-people-enjoy-internet\/","title":{"rendered":"Google&#8217;s business in Gujarat at Rs. 500 crores, profit of Rs. 50 crores, people enjoy internet"},"content":{"rendered":"<p>27 November 2020<br \/>\nUS tech giant Google&#8217;s total income in India increased by 34.8 percent to Rs 5,593.8 crore in 2020. The market estimates that it earned Rs 500 crore and made a profit of Rs 50 crore from the people of Gujarat. The company had a total revenue of Rs 4,147 crore in FY19.<br \/>\nGoogle India made a profit of Rs 586.2 crore in FY20. In the same period of the previous year, Rs. 23.9% is more than 472.8 crores. In the financial year ended March 31, 2020, the company&#8217;s revenue from operations was Rs. 5384.7 crores Rs. Revenue for the same period a year ago was Rs 3,992.8 crore.<\/p>\n<p>Google India spent 30.6% in FY10. The total expenditure during this period was Rs. 4,455.5 crores. The total expenditure of the company in FY 2019 was Rs 3,416.5 crore. A Google India spokesperson said that Google&#8217;s pre-tax profit for the FY 2019-20 was Rs 1,138.3 crore. It also includes a corporate tax of Rs 302 crore. During this period, the company has invested around Rs 400 crore on Indian operations.<\/p>\n<p>Google India provides IT and IT based services to the Internet industry. In addition, Google also acts as a third-party reseller in advertising space through the AdWords program. According to the filing, advertising accounted for 27% of India&#8217;s total revenue. IT based services accounted for 32% and IT services 41%.<\/p>","protected":false},"excerpt":{"rendered":"<p>27 November 2020 US tech giant Google&#8217;s total income in India increased by 34.8 percent to Rs 5,593.8 crore in 2020. The market estimates that it earned Rs 500 crore and made a profit of Rs 50 crore from the people of Gujarat. The company had a total revenue of Rs 4,147 crore in FY19. 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