Elon Musk-owned X India's revenue & profit dip by 90% in FY24

Twitter Communications India Pvt Ltd, the Indian arm of Elon Musk-owned X, saw its profit and revenue decline by around 90% in FY24. The social media company's net profit fell from ₹30.4 crore in FY23 to ₹3.1 crore in FY24, as per regulatory filings. Its revenue plunged from ₹207.7 crore to ₹21.1 crore during the same period.