<ul><li>Facebook India Online Services, a subsidiary of Meta Platforms Inc., reported a 43% increase in profit for FY24, reaching Rs 504.9 crore.</li><li>The company's revenue from operations grew by 9.3% to Rs 3,034.8 crore.</li><li>Facebook India derives its revenue from selling advertising inventory and providing support services to Meta Platforms Inc.</li><li>The effective cost management contributed to the company's profitability, with controlled expense growth and decreased depreciation and amortization expenses.</li></ul>

Facebook India Online Services profit jumps 43% to Rs 505 crore in FY24

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