Flipkart managed to achieve a 63 per cent reduction in losses from Rs 46,895 crore in 2018 to Rs 17,231 crore for the financial year ending March 31, 2019. The group's revenue in 2018-19, at Rs 43,615 crore, was also 42 per cent higher than the previous year's revenue of Rs 30,644 crore (USD 4.32 billion).
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Flipkart managed to achieve a 63 per cent reduction in losses from Rs 46,895 crore in 2018 to Rs 17,231 crore for the financial year ending March 31, 2019. The group's revenue in 2018-19, at Rs 43,615 crore, was also 42 per cent higher than the previous year's revenue of Rs 30,644 crore (USD 4.32 billion).
Flipkart Group narrows losses to Rs 17,231 crore in FY 2019
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