Simple Flipkart Financial Statements 2018

Bengaluru Nov 1 IANS US retail giant Walmarts Indian e-tailer arm Flipkart has posted 614 billion Rs 43615 crore revenue for the fiscal 2018-19 business intelligence platform Papervc.

Flipkart financial statements 2018. Results of operations and state of affairs of the Company During the year ended 31st March 2018 the net total income of Company was. Losses decline 63 on Business Standard. Flipkart revenue FY 2014-2020.

FLIPKART INDIA PRIVATE LIMITED Standalone Financial Statements for period 01042018 to 31032019 Loss carried to Balance Sheet 38368 20638 2. Its authorized share capital is. Hence while still loss-making Myntra has managed to cut its losses by 25 year-on-year YoY from INR 1165 Cr in FY19 to INR 874 Cr for the fiscal year ending March 31 2020.

Flipkart India the B2B arm of Walmart-owned Flipkart has registered a higher loss of Rs 38368 crore during 2018-19 as compared to the previous financial year according to regulatory documents. Feb 2014 Jul 2014 FY 2015 Feb 2016 Mar 2016 FY 2016 Sep 2016 FY 2017 FY 2018 Jul 2018 Apr 2019. Losses of Flipkart India Pvt Ltd the marketplace unit of Flipkart grew by 742 per cent in 2017-18 though revenue growth of the unit during the period was 39 per cent.

Flipkart has not filed or announced this fiscals revenue details. WMT announced it has signed definitive agreements to become the largest shareholder in Flipkart Group FlipkartThe investment will help accelerate Flipkarts customer-focused mission to transform commerce in India through technology and underscores Walmarts commitment to sustained job. The e-commerce company managed to achieve a 63 reduction in losses from Rs 46895 crore 66 billion in 2018 to Rs 17231 crore 242 billion for the financial.

In the financial year ended March 31 the unit reported losses at Rs 206 billion from Rs 245 billion the previous year according to the companys annual return sourced from business intelligence platform Tofler. RKGUPTA - Gold medalist for two consecutive years 1973 1974 the author is a banker having 38 years of experience in credit and continues as a guest faculty for all subjects specifically on credit appraisal analysis of financial statements working capital finance and Risk management in various banks across India and Universities like Sharda University and Amity University. Upon closing and consolidating the financial statements of Flipkart we expect the ongoing operations of Flipkart to negatively impact.

Flipkart India Private Limited also popularly known as Flipkart is an unlisted private company incorporated on 19 September 2011. The Flipkart Groups FY2016-17 filing showed the company had tightened its belt. 30 Day Replacement Guarantee.