Flipkart’s Logistics Arm Ekart Narrows FY25 Loss To INR 1,515 Cr

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SUMMARY

In FY25, Ekart registered an operating revenue of INR 13,732.9 Cr, up 13% from INR 12,115.3 Cr in FY24

A large chunk of revenue came from its logistics, transportation and warehousing services, zooming 13% YoY to INR 10,602.5 Cr

It is currently facing tax demands worth INR 1,029.5 Cr across India for violations of various taxation laws including GST Act, among others

Flipkart-owned logistics company Ekart managed to trim its net loss for the fiscal year FY25 by 12% to…



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Flipkart’s Logistics Arm Ekart Narrows FY25 Loss To INR 1,515 Cr


SUMMARY

In FY25, Ekart registered an operating revenue of INR 13,732.9 Cr, up 13% from INR 12,115.3 Cr in FY24

A large chunk of revenue came from its logistics, transportation and warehousing services, zooming 13% YoY to INR 10,602.5 Cr

It is currently facing tax demands worth INR 1,029.5 Cr across India for violations of various taxation laws including GST Act, among others

Flipkart-owned logistics company Ekart managed to trim its net loss for the fiscal year FY25 by 12% to…



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.

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