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Times Internet posts 24% revenue jump to Rs 1,625 Cr in FY20

Shortpedia

Content Team
Image Credit: shortpedia

Times Internet has posted a 24% jump in its annual revenue in the financial year ending March, recording Rs 1,625 crore in revenue in FY20. In its annual report, the company said the revenue growth has been adjusted for seasonality of cricket events. In FY19, it had posted revenues of $196 million. While advertising revenue grew 22% with faster growth in music and video, overall subscribers to Times Prime grew 62%.