Snapdeal ops revenue up 14%, losses rise 4x

Ecommerce company Snapdeal’s revenue from operations rose 14% to Rs 539 crore in FY22 from Rs 471 crore in FY21, financials sourced through business intelligence platform Tofler showed.

Losses, however, widened four-fold to Rs 510 crore as expenses such as employee benefits, and advertisements increased.