Despite 8% sales growth, Amazon Retail India saw Rs 794-crore loss in FY22

The numbers come amid preparations for Amazon's month-long flagship sale event The Great Indian Festival (TGIF), which starts on September 23

Amazon Retail India Private Limited, a subsidiary of the e-commerce giant that provides an online shopping platform, reported its revenues for the financial year 2021-22 as Rs 1,720 crore, an eight per cent year-on-year jump. The company reported a net loss of Rs 794 crore during the same fiscal, according to regulatory documents sourced from business intelligence platform Tofler. This is a 22 per cent expansion in loss from the last financial year. The company’s total expenses for the fiscal were reported as Rs 2,514 crore.

Another subsidiary, Amazon Wholesale (India) Private Limited, reported its revenues for financial year 2021-22