Twitter Comm India’s revenue slips into red, reports INR 32 Cr loss
Image Credit: The Hindu Businessline
For the first time in five years, Twitter Communications India has reported a loss of INR 31.84 Cr in the financial year 2021-22 (FY22). This stands in stark contrast to FY21 when it posted a profit of INR 7.76 Cr. On the other hand, operating revenue grew more than 81% to INR 156.75 Cr in FY22, up from INR 86.36 Cr in the previous fiscal year.