“There has been an increase in the net loss by 85.91 per cent,” said Flipkart
in the regulatory documents.
Flipkart India's total income rose by 42.82 per cent to Rs 30,931 crore from Rs 21,657 crore. However, in the same period, the consolidated income of Flipkart Internet Private Limited has increased by 57 per cent and it reported lower losses.
Flipkart Internet Private Limited has earned a total income of Rs 4,804 crore as compared to Rs 3,060 crore in the previous year.