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BENGALURU: Microsoft India reported more than $1 billion in revenue in financial year 2018-19, on increased growth in its Cloud business.Microsoft Corporation India posted 13% growth in revenue in the previous fiscal year, at Rs 7,301 crore, as per financial data accessed by business intelligence platform Tofler . It reported an 8% increase in net profit to Rs 386 crore during the same period.Revenue stood at Rs 6,456 crore and Rs 6,392 crore, respectively, in financial years 2018 and 2017. Microsoft India’s total expenses for the fiscal year were at Rs 6,699 crore, according to Tofler. Analysts said growth was boosted by Azure, its cloud business, and Office 365, its office productivity suite, in India.“Overall, the firm is doing well and is growing more than 10% y-o-y. It is a good growth. While overall enterprise adoption of cloud computing and other emerging technologies is increasing, Microsoft’s engagement with new age firms is contributing to their India business growth,” said Sanchit Vir Gogia, chief executive, Greyhound Research.