Flipkart Internet trims FY25 loss by 37% to Rs 1,494 crore
Flipkart Internet trims FY25 loss by 37% to Rs 1,494 crore
Flipkart Internet Private Limited, the marketplace division of Walmart's Flipkart, has significantly reduced its net loss to ₹1,494 crore in FY25 from ₹2,386 crore the previous year. Revenue increased by 14% to ₹20,493 crore, driven by marketplace services and advertising. A strategic shift saw marketplace services more than double, while logistics revenue declined.
Flipkart Internet Private Limited, the marketplace division of Walmart's Flipkart, has significantly reduced its net loss to ₹1,494 crore in FY25 from ₹2,386 crore the previous year. Revenue increased by 14% to ₹20,493 crore, driven by marketplace services and advertising. A strategic shift saw marketplace services more than double, while logistics revenue declined.