IBM India Private Limited reports net profit of INR 2,755 cr

According to financial data accessed by a business intelligence platform, Tofler IBM India Private Limited reported its revenues for the financial year 2017-18 as INR 27,888 cr, a 14 % fall since the last financial year.

The company further reported a net profit of INR 2,755 cr during the same fiscal. This is a 55 % decrease from the last financial year. The company’s total expenses for the fiscal were reported as INR 23,896 Cr.