Flipkart losses widened to over Rs 7,800 crore in FY22
By
Neha Kumari
NEW DELHI: E-commerce major Flipkart’s losses widened to over Rs 7,800 crore in the financial year 2021-22 based on performance of its business-to-business unit Flipkart India and B2C e-commerce unit Flipkart Internet, according to regulatory filings.
According to filings, the combined loss of both entities stood at Rs 5,352 crore in the financial year 2020-21.
Flipkart Internet, comprising online business-to-consumer platforms, has reported widening of loss to Rs 4,399 crore in FY22 from Rs 2,907 crore in FY21.