Flipkart marketplace arm continues to trim losses in FY25; revenue growth slows to 14%

Share via:



Flipkart Internet, the marketplace arm of Flipkart, reported revenues of Rs 20,493 crore for fiscal 2025, up 14% year-on-year (YoY), while its net losses fell 37% to Rs 1,494 crore, according to regulatory filings sourced from the Registrar of Companies (RoC).

Flipkart Internet’s 14% growth rate in FY25 was slower than the 21% increase in operating revenue it saw in fiscal 2024, which was the second straight year of over 20% growth. However, the latest figure reflects a slowdown amid generally weak ecommerce sentiment that was witnessed during the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Flipkart marketplace arm continues to trim losses in FY25; revenue growth slows to 14%



Flipkart Internet, the marketplace arm of Flipkart, reported revenues of Rs 20,493 crore for fiscal 2025, up 14% year-on-year (YoY), while its net losses fell 37% to Rs 1,494 crore, according to regulatory filings sourced from the Registrar of Companies (RoC).

Flipkart Internet’s 14% growth rate in FY25 was slower than the 21% increase in operating revenue it saw in fiscal 2024, which was the second straight year of over 20% growth. However, the latest figure reflects a slowdown amid generally weak ecommerce sentiment that was witnessed during the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

HD Hyundai CE India Launched R210E Excavator at EXCON...

New Delhi , December 25: HD Hyundai Construction...

Wow! Momo Raises INR 75 Cr From Madhusudan Kela

SUMMARY QSR chain Wow! Momo has bagged INR 75...

Samsung’s first triple-fold phone cracks under pressure in durability...

Samsung’s first triple-foldable smartphone, the Galaxy Z TriFold,...

Popular