IBM India’s 2017-18 revenue flat at Rs 27,333 crore

On the books, the company’s revenue in 2016-17 was Rs 32,333 crore. But about Rs 5,011 crore of this reflected revenue increases for the years from 2009-10 to 2015-16 following an advance tax agreement (APA) with the Central Board of Direct Taxes (CBDT). Excluding that, the revenue for the year was Rs 27,322 crore.

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