market research agencies in mumbai
05 Jan 2022

Flipkart India units post robust revenue growth amid losses

Flipkart Internet’s operational revenue was Rs 7,840 crore, while its losses increased by 49% to Rs 2,881 crore. Flipkart India saw an increase of 25% in revenue from operations at Rs 42,941 crore, while losses reduced 22% to Rs 2,445 crore, the filings showed.

According to estimates from business research and market intelligence firm PGA Labs, the ecommerce industry is estimated to be worth $60 billion by FY22 compared to $48 billion in FY21. “We expect retail ecommerce sales to climb a further 25%, to $75 billion in FY23, with growth in digital buyers,” Abhishek Maiti, Director–Competitive intelligence and consumer insights, PGA Labs, told ET in December.

Click here to read the full article on The Economic Times

market research consulting company
market research agency in delhi

Schedule a demo and leverage our revolutionary platform!

We enable the power of deep primary and secondary data sets + wide people network

Join 1Lattice Expert Platform

Become part of Asia’s biggest community of curated top 1% decision-makers

Anything else you would like us to know before we reachout?

We use cookies to improve your website experience. By navigating our site, you agree to allow us to use cookies, in accordance with our Cookie Policy