Chennai-based SaaS big Zoho Company has lastly surpassed the Rs 12,000 crore mark in annual income, at the same time as profitability got here beneath stress.
Based on filings with the Registrar of Firms, the bootstrapped agency reported consolidated income of Rs 12,313 crore for the monetary 12 months ending FY25, marking a 17.8% improve from the earlier 12 months. Complete revenue, together with different earnings, rose to Rs 13,543 crore.
Nonetheless, internet revenue edged down barely to Rs 3,191 crore from Rs 3,299 crore in FY24.
The corporate’s in-house software program choices remained central to its growth. Its Zoho suite contributed 57% of income at Rs 7,051 crore, whereas ManageEngine accounted for 39% at Rs 4,863 crore. Companies made up the remaining share.
Geographically, North America continued to be its largest market, contributing 41% of income. Asia and Europe adopted, accounting for 30% and 23% respectively.
The corporate’s bills elevated at a sooner tempo than its income, climbing 30.5% year-on-year to greater than Rs 9,200 crore.
Worker prices had been the biggest part, rising 29% to Rs 4,347 crore, whereas promoting and promotional spending jumped over 31% to Rs 2,230 crore.
Infrastructure-related prices additionally elevated, with depreciation and amortisation reflecting continued funding in information centres and expertise. Tax bills rose considerably to Rs 1,112 crore, additional affecting the underside line.
In January 2025, co-founder Sridhar Vembu stepped down from the role of CEO to tackle the function of Chief Scientist, with Shailesh Kumar Davey appointed as Group CEO.
Zoho has constructed a broad portfolio of cloud-based software program merchandise for companies of all sizes. Its choices span CRM, finance, human sources, collaboration, advertising and marketing automation, and different enterprise functions.
By ManageEngine, the corporate additionally supplies IT administration instruments masking community monitoring, cybersecurity, identification administration, and IT operations. Zoho moreover gives low-code growth by Zoho Creator and office productiveness software program by Zoho Office.