Netflix revenue soars 700%, posts Rs 466.70 crore for FY19

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Leading online video streaming company Netflix India registered a growth of more than 700% during 2018-19, posting a revenue of Rs 466.7 crore for FY19.

Industry sources said the company achieved the growth after it expanded local content and launched a marketing blitzkrieg.

Netflix India reported a net profit of Rs. 5.1 crore, according to its filing with the registrar of companies sourced from Veratech Intelligence.

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