Flipkart is in profit loss or
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Flipkart is an electronic commerce company headquartered in Bangalore, Karnataka.. . Flipkart reported a loss of ₹2.81 billion (US$42 million) for the FY 2012–13.. … trademark of t. (source : MyOnlineCA). Although the revenue of flipkart increased by 153% in 12 months, the. . Flipkart never booked profits since its beginning in 2007, despite its gross merchandise volume (GMV) growing to $4 billion recently. By following a . There are some interesting perspectives before we answer this question : Is it important to be. . clearly means that now it has already acquired a lot of loyal customers and doesn't need to sell product at no-profit/loss to acquire the other ones.Mar 28, 2016 . Ecommerce in India: Top cos awash in losses; Flipkart loss Rs 2000 cr,. To become profitable, they will have to bring down discounts further . However, when it comes to losses, Flipkart leads by a much bigger margin and their loss. (as a percentage of GMV), which will become catalyst to earn profits.Mar 27, 2016 . All big retailers, including Snapdeal, Flipkart and Amazon India have levels as there is pressure from investors to turn businesses profitable.Jan 20, 2017 . Losses of Flipkart, Amazon & Snapdeal would have allowed ISRO to go. . If Flipkart wants to be profitable over the next, say two years, all they . Jan 2, 2017 . Flipkart stated that while there were losses, revenue growth was strong and that it's cash-and-carry business would turn profitable with scale.May 5, 2016 . In the year that ended March 2015, the cumulative loss of Flipkart,. That way, the marketplace model is profitable even in Amazon's balance . May 31, 2016 . So, FactorDaily decided to dig up information on Flipkart Ltd, the. Also see: Flipkart's financials for 2016 (Revenue up 50%, losses pile up) .
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