NEW DELHI — Facebook India saw its profit surge by 43 per cent in the last fiscal (FY24), riding on digital advertising and support services offered to its parent company Meta in the US. The company’s India unit saw its net profit reach INR 505 crore last fiscal. Its revenue from operations increase by 9.3 per cent to INR 3,034.8 crore in FY24, up from INR 2,775.7 crore in FY23, as per data from the Registrar of Companies (RoC). Facebook India’s overall expenses grew 2.4 per cent to INR 2,349.6 crore and employee benefit expenses increased to INR 476.1 crore, reflecting a 7.8 per cent increase from FY23. The “other expenses” category remained stable at INR 1435.3 crore. As per the data, depreciation and amortisation costs dropped by 10.8 per cent to INR 271.3 crore, from INR 304.2 crore in FY23. On the other hand, Facebook India’s parent company reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure expenses in 2025. In its third-quarter earnings report, Meta reported $40.59 billion in revenue. Sales in the third quarter jumped 19 per cent year-on-year while net income grew 35 per cent to $15.7 billion from $11.6 billion a...