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Twitter India posts lack of about Rs 32 crore in FY22 – Occasions of India

NEW DELHI: Microblogging platform Twitter’s Indian arm recorded a lack of round Rs 32 crore within the monetary 12 months which ended on March 31, 2022, based on paperwork sourced by enterprise intelligence platform Tofler.
Twitter India, which not too long ago laid off over 160 workers, had posted a revenue of Rs 7.76 crore within the monetary 12 months 2020-21.
The doc exhibits that worker bills of the corporate had jumped over three-fold to Rs 136.81 crore throughout the reported fiscal from Rs 43.25 crore in 2020-21.
Twitter India’s income, nevertheless, jumped by about 82 per cent to Rs 156.75 crore in FY22 from Rs 86.36 crore within the previous fiscal.

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