Salesforce India's Surging Profit and Expanding Footprint
Salesforce India witnessed a 40% increase in net profit for FY24, reaching Rs 888.3 crore. Revenue grew to Rs 9,116 crore, crossing USD 1 billion. The company will also occupy a new 'Salesforce Tower' in Bengaluru. Salesforce is targeting opportunities in India's public sector and digital transformation market.
- Country:
- India
Salesforce India has reported a significant financial growth, witnessing a 40% leap in net profit during the fiscal year 2024, amounting to Rs 888.3 crore.
The company's revenue soared by 36% to Rs 9,116 crore, marking the first time it crossed the USD 1 billion threshold in a fiscal year. As part of its strategic expansion in India, Salesforce is set to occupy a sprawling 12-storey 'Salesforce Tower' in Bengaluru.
Salesforce India aims to harness India's macroeconomic strengths and technological progress, targeting opportunities in the public sector and digital transformation. The Indian workforce has expanded significantly, with an increase of 3,000 employees since January 2024.
ALSO READ
-
Japanese Lawmakers Visit India to See Worker Protection and Skills Projects in Action
-
Indian Unions Push for Fair Recruitment and Rights for Care Workers in Germany
-
Cleaner Kitchens, Polluted Skies: Hidden Health Cost of India’s Electricity Boom
-
Japan-Backed ILO Projects Help 23,000 Workers Gain Rights and Fight Child Labour
-
India's Delicate Balancing Act: Navigating Energy Security Amid Middle Eastern Tensions
Google News