Flipkart Group narrows losses to Rs 17,231 crore in FY 2019

Flipkart managed to achieve a 63 per cent reduction in losses from Rs 46,895 crore in 2018 to Rs 17,231 crore for the financial year ending March 31, 2019. The group's revenue in 2018-19, at Rs 43,615 crore, was also 42 per cent higher than the previous year's revenue of Rs 30,644 crore (USD 4.32 billion).

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