Walmart-owned e-commerce major Flipkart India slipped deeper into the red in the financial year ended March 2025, even as its revenues kept climbing.
The company’s consolidated loss rose to ₹5,189 crore in FY25, compared with ₹4,248.3 crore in the previous year, according to filings accessed by Tofler. An email sent to Flipkart seeking comments on the results did not receive a response.
Revenues from operations, however, went up 17.3%, touching ₹82,787.3 crore in FY25 from ₹70,541.9 crore a year earlier.
Expenses also rose in step with the revenues. Flipkart’s total costs for the year stood at ₹88,121.4 crore, 17.4% higher than the previous year. Purchases of stock-in-trade — the goods bought for resale on the platform — accounted for most of the spending, climbing to ₹87,737.8 crore from ₹74,271.2 crore.
Finance costs jumped sharply as well, rising about 57% to nearly ₹454 crore. That suggests the company is now paying significantly more on borrowings than before.
The numbers once again highlight the balancing act Flipkart is caught in: sales growth on one side and swelling costs on the other.
