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Google Q2 net income jumps on rising advertising revenue

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Press Trust of India New York
Last Updated : Jan 20 2013 | 4:33 AM IST

The net income of the search engine giant for the second quarter of 2011 stood at USD 2.51 billion.

The consolidated revenues of Google Inc for the second quarter this year stood at USD 12.21 billion registering an increase of 35 per cent as against last year.

The robust revenue growth for the internet giant came in mainly from rising advertising revenues, which stood at USD 10.96 billion, or 90 per cent of consolidated revenues, in the second quarter of 2012, the company said in a statement.

Google's advertising revenues increased 21 per cent year on year to USD 10.96 billion from USD 9.03 billion in the year ago period.

"Google standalone had a strong quarter with 21 per cent year-on-year revenue growth, and we launched a bunch of exciting new products at I/O

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First Published: Jul 20 2012 | 2:05 PM IST

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