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Flipkart Internet trims FY25 loss by 37% to Rs 1,494 crore

09:13

Marketplace services more than doubled to Rs 7,751 crore from Rs 3,734 crore, while advertising rose 27% to Rs 6,317 crore. Logistics revenue fell sharply to Rs 4,224 crore from Rs 6,838 crore, signalling a pullback from third-party fulfillment.

Employee benefit costs dropped to Rs 4,748 crore from Rs 5,178 crore, depreciation and amortization eased to Rs 256 crore, and finance costs were flat at Rs 162 crore. Other expenses, including platform, logistics and marketing, rose to Rs 17,145 crore from Rs 14,958 crore. The company booked a pre-tax loss of Rs 1,503 crore, aided by Rs 70 crore in profit share from associates.

Source: https://timesofindia.indiatimes.com/business/india-business/flipkart-internet-trims-fy25-loss-by-37-to-rs-1494-crore/articleshow/123870933.cms

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