Flipkart India FY22 revenue at Rs 51,176 cr, loss widens 39% to Rs 3,404 cr

The B2B arm of Walmart-owned e-commerce firm Flipkart reported expenses of Rs 54,580 crore, up about 19% over the previous year

Flipkart India, the business-to-business arm of Walmart-owned e-commerce firm Flipkart, reported its revenues for the financial year 2021-22 as Rs 51,176 crore, an 18 per cent jump since the last financial year. The company further reported a net loss of Rs 3,404 crore during the same fiscal. This is a 39 per cent increase from the last financial year,  according to regulatory documents sourced from the business intelligence platform Tofler.

The company’s total expenses for the fiscal were reported as Rs 54,580 crore compared to Rs 45794 crore or about 19 per cent higher than the previous year. Expenses related