Uber India profit rises six times to ₹18.7 crore

Online taxi aggregator Uber posted a six-fold jump in its net profit at ₹18.7 crore in FY16 in India, according to the company's filing. During the period, revenues of the company increased five-fold to ₹375 crore. In its first year of operations in FY14, Uber India had made a profit of ₹7 lakh on a revenue of ₹2.2 crore.

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