Microsoft India's research wing sees 30 percent profit hike in 2015

Microsoft India's R&D facility posted a net profit of ₹271.3 crore ($40 million) for the financial year through March 2015, an increase of 30 percent over the same period a year ago. Overall revenue rose by 15 percent to ₹2,635 crore ($393 million).

The division provides software and support-related services, with the rise in profits is mainly attributed to increase in software development projects, which netted ₹1,988 crore ($296 million) to the vendor's revenue for this year. While the amount may not be a huge contributor to Microsoft's coffers, it underscores the division's ability to churn out a profit consistently.

Source: Economic Times