Meta posts 13% growth in gross ad rev for FY 2023

In FY22, the company recorded advertising reseller revenue of Rs 16,189 crore

e4m by e4m Staff
Published: Oct 24, 2023 9:59 AM  | 1 min read
Meta ad rev FY 2023
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Meta has posted 13% growth in gross ad revenue to Rs 18,308 crore for FY 2023, as per media reports.

In FY22, the company registered advertising reseller revenue of Rs 16,189 crore.

Globally, Meta profits shot up 16% with $7.7 billion in the second quarter. It's revenue saw an uptick of 11%, standing at $32 billion.

Published On: Oct 24, 2023 9:59 AM