Monday 7 November 2022

Flipkart Losses Widened to Over Rs. 7,800 Crore, Net Income Increased by 20 Percent in FY22

Flipkart's losses in the financial year 2021-2022 based on performance of the company's business-to-business unit Flipkart India and business-to-consumer Flipkart Internet widened to Rs. 7,800 crore, according to regulatory filings. The combined loss of the company's entities for the financial year 2020-2021 stood at Rs. 5,352 crore. Meanwhile, the net income of Flipk...

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