<ul><li>X's revenue in India plummeted 89.8% to $2.51 million in the financial year ending March.</li><li>Expenses in India were significantly reduced to $2.2 million from $20 million year-over-year.</li><li>Despite the revenue drop, the India unit reported a profit of $380,000, down from $3.62 million in the prior year.</li><li>The reasons for the decline in revenue are unclear, but it coincides with widespread layoffs and global struggles to retain advertisers.</li></ul>

X’s India revenue falls 90%, filing shows

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