Amazon India Marketplace’s Loss Widens 33% To INR 4,854 Cr

After narrowing its loss in FY22, Amazon Seller Services, the marketplace business of Amazon India, saw its standalone net loss widen 33% to INR 4,854.1 Cr in FY23 from 3,649.2 Cr in the prior year. In comparison, the entity’s operating revenue increased merely 3.4% to INR 22,198 Cr during the year under review from INR 21,462 Cr in FY22.