Facebook India revenue jumps 93% to ₹341.8 crore in FY2017
Facebook's India arm has posted a 93% rise in revenue to ₹341.8 crore for the year through March 2017 from ₹177 crore the year before, according to filings. The filings also revealed that the net profit rose 31% to ₹40.7 crore from ₹31 crore the year before. The company's total expenditure also nearly doubled to ₹285.5 crore from ₹147.5 crore.