Microsoft India’s standalone turnover has risen to $912 million in 2015-16, up by 99.56% from $457 million in the previous year, reports ET Telecom. The company’s net profit also more than doubled to $40 million.
Most of the company’s revenue was generated by its retail software products business which grew to $612 million from $410 million last year, up by 49.2%. Services generated $46 million in revenues, while search online-advertising generated $9.6 million. Revenues from mobile devices and accessories business stood at $238 million, up from zero the previous year, due to the launch of mobile devices in 2015.
Microsoft has been pushing for the adoption of its business products in India for a while with initiatives like offering use case scenarios for how its VOIP calling service Skype can authenticate identity using the Aadhaar database. It currently has clients like HDFC, Mahindra Bank, Apollo Hospitals etc., in India for its cloud services, and clients like Paytm, Snapdeal and JustDial etc., for its machine learning technologies and Cortana.
Internationally, Microsoft recently launched products like Teams to take on Skype, started preloading apps on Lenovo phones, acquired Genee to pad Office 365 offerings, and started building a video service similar to YouTube for businesses. For AI, the company merged Bing, Cortana and Research into a new AI division and partnered with companies like Amazon, Facebook, Google, IBM and DeepMind for supporting research.
In October, Microsoft reported that Windows 10 had crossed 400 million monthly active users worldwide, including on mobile and PC, since its launch. At the time, the company said that Cortana API and Windows 10 Cortana search box had 141 million monthly active users with almost 13 billion questions asked. It also reported over 85 million monthly active users for the commercial version of its Office 365.