4 ms·

Anyone know how much net profit Google makes in one year from the India market in USD? One article states Rs 586.2 crore, but how to convert to USD? https://m.

by cudgy 4y ago

Anyone know how much net profit Google makes in one year from the India market in USD? One article states Rs 586.2 crore, but how to convert to USD? https://m.timesofindia.com/business/india-business/google-india-fy20-revenue-rises-35-to-rs-5593-8-crore-profit-up-24/articleshow/79431004.cms https://m.timesofindia.com/business/india-business/google-in...

codegeek 4y ago
That's about $71M USD. (1 Crore = 10,000,000 units). Currently, 1 USD = 83 INR So, 586 crores INR = 5860000000 INR = $71,000,000 USD EDIT: It seems like some people are saying the correct number is not 586 crores but 5k crores which is 10 times more.
- swampthinker 4y ago
  That sounds really low
  - codegeek 4y ago
    Not sure. It says Profits, not Revenue. So may be possible ?
  - programmer_dude 4y ago
    Because it is incorrect. The correct figure is 5,593.8 Cr, which is equal to 676.15 million USD. Note: 676.15 = 5593.8*1e7/82.73/1e6.
programmer_dude 4y ago
It's 5,593.8 Cr, which is equal to 676.15 million USD. Note: 676.15 = 5593.8*1e7/82.73/1e6.
- mmiyer 4y ago
  586.2 Cr is correct for net profit ("The net profit was higher by about 23.9 per cent at Rs 586.2") which is what the original commentator said. 5,593.8 Cr is revenue.
  - programmer_dude 4y ago
    Uh oh, it seems like I made a mistake. You may be right! But I am not able to edit my comments now.
AareyBaba 4y ago
< but how to convert to USD? > You type "586.2 crore indian rupees in U.S dollars" into Google search. USD 70,757,505.48 https://t.ly/xfAe https://t.ly/xfAe