Amazon Seller Services reports Rs 3.6K-crore loss; revenue up 32%

E-commerce firm's units for digital payments and selling cloud service report losses too for FY22

Amazon Seller Services, the Indian marketplace arm of the American e-commerce giant, reported Rs 21,633 crore as revenue for the financial year 2021-22 (FY22), a 32 per cent jump since the last financial year.

The company reported a net loss of Rs 3,649 crore in (FY22), according to regulatory documents sourced from business intelligence platform Tofler. This is a 23 per cent decrease from the last financial year. The company’s total expenses for the fiscal were as Rs 25,283 crore.

Amazon Pay (India), the e-commerce firm’s digital payments arm, reported its revenues for FY22 at Rs 2,052 crore, a