Netflix India revenue surges over 32% to ?3,768.98 crore, profit up 61% in FY25,

Netflix India delivered a strong financial performance in FY25, driven by higher domestic streaming revenues and improved cost efficiency. For the year ended 31 March 2025, the company reported a Gross Turnover of ?3,768.98 crore, marking an increase of approximately 32.4 percent from ?2,845.77 crore in FY24.

Other income increased to ?72.93 crore from ?49.59 crore, a rise of about 47.1 percent, taking total income to ?3,841.91  crore, up 32.7 percent from ?2,895.36 crore a year earlier.

Total expenditure during FY25 stood at ?3,711.39 crore, compared with ?2,810.80 crore in FY24, reflecting a growth of nearly 32 percent. The company spent ?88.01 crore on personnel costs, lower by around 16.2 percent compared with ?105 crore last year, highlighting tighter payroll efficiencies. Depreciation and amortisation expenses reduced significantly to ?7.36 crore from ?16 crore in FY24, a decline of around 54 percent. Other expenses remained the largest cost head at ?3,615.57 crore.

The strong revenue momentum and controlled cost escalation drove profitability. Netflix India reported a Net Profit before tax of ?130.52 crore, a solid 54.4 percent jump from ?84.53 crore a year ago. After a tax provision of ?45.72 crore, Profit after tax stood at ?84.80 crore, up 61.7 percent from ?52.43 crore in FY24. The entire profit for both years was transferred to reserves and surplus.