Flipkart's FY23 loss widens to ₹4,890 cr, income rises 9%: Report

Flipkart India reported a consolidated loss of ₹4,890.6 crore in FY23, up from ₹3,371.2 crore in FY22, PTI reported citing data from Tofler. The company's consolidated net income rose about 9% to ₹56,012.8 crore in FY23 from ₹51,176 crore in FY22, the report stated. "The company's total expenses for the fiscal were reported as ₹60,858 crore," Tofler said.