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Tag: Flipkart India

Flipkart logs loss of Rs 3,837 crore in 2018-19, Retail News, ET Retail

NEW DELHI: Flipkart India, the B2B arm of Walmart-owned Flipkart, has registered a higher loss of Rs 3,836.8 crore during 2018-19 as compared to the previous financial year, according to regulatory documents. The unit had posted a loss of Rs 2,063.8 crore for the financial year ended March 31, 2018, documents filed by Flipkart India …

Flipkart logs loss of Rs 3,837 crore in 2018-19, Retail News, ET RetailRead More

Flipkart unit’s losses rise 40% to Rs 1,624cr, Retail News, ET Retail

Bengaluru: Flipkart Internet, the unit which runs the online platform, reported a 40% increase in losses to Rs 1,624 crore for the year ending March 31, 2019 after it was able to cut them by close to 30% in the previous financial year. This signals that the company has started investing for expansion under new …

Flipkart unit’s losses rise 40% to Rs 1,624cr, Retail News, ET RetailRead More