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Tuesday, 29 October 2019

Flipkart's key commerce units loss up 69% to Rs 5,459 crore

Flipkart India, the wholesale arm of the e-tailer, has recorded 86% jump in its net loss to Rs 3,835 crore at the end of March 2019, as per the latest regulatory documents. This means the combined loss of two main commerce units of Walmart-owned retailer in India - Flipkart Internet and Flipkart India - has swelled by 69% to Rs 5,459 crore as of March 2019.

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