Flipkart financial year 2022-23 loss widens to Rs 4,891 crore
Tuesday, 24 October 2023 E-commerce major Flipkart India Private Limited has reported a widening of consolidated loss to Rs 4,890.6 crore in the financial year 2022-23, according to financial data provided by business intelligence platform Tofler. The Walmart group e-commerce firm posted a consolidated loss of Rs 3,371.2 crore in the financial year (FY) 2022. On a standalone basis, Flipkart's net loss or loss carried to the balance sheet widened to Rs 4,839.3 crore. An e-mail query sent to Flipkart elicited no immediate reply.
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