LinkedIn India FY24 profit falls to ₹172 crore

14 December 2024

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Mumbai: LinkedIn Technology Information, the India arm of Microsoft Company-owned LinkedIn, has reported a 1.7% lower in internet revenue to ₹172 crore for the fiscal 12 months ending March 31, 2024, in accordance with the corporate’s monetary particulars accessed by Tofler.

The corporate recorded a complete income of ₹1,869 crore, barely decrease than the earlier 12 months’s ₹1,873 crore, reflecting a 0.21% lower. Working bills rose marginally to ₹1,643 crore, up from ₹1,633 crore, indicating a 0.61% improve.

LinkedIn India’s advertising companies contributed considerably to the income, accounting for 54.06% of the overall turnover. Contract analysis and growth companies and buyer help companies complemented the income streams, contributing 41.43% and 4.51%, respectively.

In its annual report, LinkedIn Expertise Data acknowledged that it performs routine advertising features inside the framework of the general gross sales and advertising technique outlined by its holding firm, LinkedIn Eire.

The advertising help crew of LinkedIn India is answerable for offering native territorial info, performing market analysis, company advertising and public relation actions, sustaining a reliable and absolutely educated gross sales power, and managing buyer relationships with present and potential prospects in India.