Tech
Flipkart marketplace arm continues to trim losses in FY25; revenue growth slows to 14%
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Flipkart Internet, the marketplace arm of Flipkart, reported revenues of Rs 20,493 crore for fiscal 2025, up 14% year-on-year (YoY), while its net losses fell 37% to Rs 1,494 crore, according to regulatory filings sourced from the Registrar of Companies (RoC).
Flipkart Internet’s 14% growth rate in FY25 was slower than the 21% increase in operating revenue it saw in fiscal 2024, which was the second straight year of over 20% growth. However, the latest figure reflects a slowdown amid generally weak ecommerce sentiment that was witnessed during the…
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