Washington, Oct. 29 -- Microsoft reported a 19 per cent year-on-year increase in revenue to USD 92.3 billion in the July-September quarter, supported by strong growth in its cloud business, as the technology major began fiscal year 2027 with higher income and earnings.

The company's revenue for the first quarter ended September 30, 2026, rose from USD 77.7 billion in the corresponding quarter last year. Operating income increased 21 per cent to USD 45.9 billion, while net income rose 32 per cent to USD 36.6 billion on a reported basis.

Microsoft CEO Satya Nadella highlighted the performance of the company's cloud business in a post on X. "Just wrapped our earnings call. It was a fast start to our fiscal year. Microsoft Cloud revenue sur...