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Flipkart's FY19 group revenue up 42% at $6 bn; losses decline 63%

The e-commerce company managed to achieve a 63% reduction in losses from Rs 46,895 crore ($6.6 billion) in 2018 to Rs 17,231 crore ($2.42 billion) for the financial year ending March 31, 2019.

Peerzada Abrar |Business Standard | Bengaluru
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Flipkart's FY19 group revenue up 42% at $6 bn; losses decline 63%

3 min read Last Updated : Nov 02 2019 | 12:18 AM IST
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E-commerce major Flipkart witnessed a 63 per cent decline in losses and a 42 per cent jump in consolidated revenue in the 2018-19 financial year (FY19), according to a regulatory filing by the Singapo

Topics :FlipkartWalmart IndiaFlipkart saleFlipkart-Walmart dealWalmart-Flipkart mergerWalmart in India

First Published: Nov 01 2019 | 4:36 PM IST

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