wordpress blog stats
Connect with us

Hi, what are you looking for?

, , ,

Google reports $507M in revenues in India in 2013-14; Ad revenues not disclosed

Google India Pvt Ltd (Google India) reported revenues of Rs 3,050.69 crore (around $507.35 million at applicable exchange rates) for the 12 month period ended March 31, 2014 (FY14), up a substantial 47% from 2,076.79 crore ($345.38 million) from the previous financial year (FY13), according to a recent filing with India’s Registrar of Companies.


Revenue for the company increased by Rs 973.9 crore (around $161.97 million), as compared to an increase of Rs 914.6 crore last fiscal. Profit declined Rs 7.96 crore ($1.32 million).


Domestic Advertising Revenue not disclosed

This year, the company disclosed only one segment of revenues: IT Services, as opposed to IT Services, IT Enables Services and Domestic Advertising Revenue last year. Thus, it’s not clear what percentage of Google India’s FY14 revenues were from Domestic Advertising, but in FY13, Domestic Advertising was 57.75% (Rs 1096.2 crore) of total revenues. Assuming the same percentage for FY13, given the apparent increase in advertising spends in India, Domestic Advertising could be around Rs 1,761 crore ($292 million).

Frankly, how the Economic Times estimated that Google India is going to reach $1 billion (Around Rs 6,013 crores) in revenues in FY15 is beyond me. That would mean almost 6x growth in advertising over a two year period, at a fairly large scale.

Advertisement. Scroll to continue reading.

Transactions with Google Ireland

In 2012, India’s Income Tax Department had reportedly imposed a penalty on Google India for misleading the department with deflating income, and crediting income to Google Ireland.  At present, Income tax paid under protest, as of March 31, 2014, was Rs 310.78 crore. As per the filings, in terms of related party transactions with Google Ireland, Google India Pvt Ltd purchased goods worth Rs 1,644.8 crore, and earned revenues of Rs 479 crore from Google Ireland. That might give us some indication of advertising income.

Foreign Exchange outgo for Google increased to Rs 1,699.71 crore from Rs 932.71 crore the previous fiscal, while Foreign Exchange earnings were Rs 962.52 crore.

Also see:

– Google India Reported Rs 1162 Crore Revenue, Rs 150 Cr Profit For FY12
– Google India Reported Revenues Of Rs. 779.34 Crore From Jan 2009 To March 2010

Advertisement. Scroll to continue reading.
Written By

Founder @ MediaNama. TED Fellow. Asia21 Fellow @ Asia Society. Co-founder SaveTheInternet.in and Internet Freedom Foundation. Advisory board @ CyberBRICS

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.



The DSCI's guidelines are patient-centric and act as a data privacy roadmap for healthcare service providers.


In this excerpt from the book, the authors focus on personal data and autocracies. One in particular – Russia.  Autocracies always prioritize information control...


By Jai Vipra, Senior Resident Fellow at Vidhi Centre for Legal Policy The use of new technology, including facial recognition technology (FRT) by police...


By Stella Joseph, Prakhil Mishra, and Yash Desai The Government of India circulated proposed amendments to the Consumer Protection (E-Commerce) Rules, 2020 (“E-Commerce Rules”) which...


By Rahul Rai and Shruti Aji Murali A little less than a year since their release, the Consumer Protection (E-commerce) Rules, 2020 is being amended....

You May Also Like


Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...


By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...


135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...


Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Your email address:*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ