Revenue rose 14% to Rs 6,386 crore from the previous financial year.
Google India primarily earns revenue through providing IT and IT-enabled services to the parent entity’s global businesses and as a reseller for Google Adwords.
Total expenses came in at Rs 5,297 crore in fiscal year 2020-21.
The company earned 73% of its revenue from providing IT and IT-enabled services, while the rest came through the reselling of digital advertising space in India.
This split in Google India’s revenue remains unchanged from the previous year.
Google is the dominant player in internet search in India and controls a large chunk of the country’s digital advertising industry as well.
The company’s Android operating system for smartphones has over 90% market share, while video sharing platform YouTube has over 400 million users in the country.
Its other businesses in India also reported their financial performance for FY21 recently.
Google India Digital Services reported a 2% decline in revenue to Rs 1,474 crore, while profits rose 62% to Rs 53 crore in the same period.
The company’s expenses for the year stood at Rs 1,403 crore, according to regulatory documents.
Google Payments India, which facilitates payment services for Google’s businesses in India, reported a 210% increase in profit to Rs 1.4 crore on revenue of Rs 14.8 crore for the year.
Google is also among the largest cloud services providers in the country, alongside Amazon Web Services and Microsoft’s Azure.
Last year, Google said it would invest $10 billion in India over the next 5-7 years.
It also made a $4.5 billion investment in Reliance Industries’ Jio Platforms, which included co-development of a smartphone, which is expected to be launched on November 4.
