Out Of This World Flipkart Financial Statements
Summary Of The Book.
Flipkart financial statements. Consolidated revenue jumped 29 per cent to Rs 19855 crore in fiscal 2017. Flipkart is a subsidiary of Walmart. Financial Statement Analysis by Dr.
The price of financial report of FLIPKART INDIA PRIVATE LIMITED prepared by Tofler is INR 799. FLIPKART INDIA PRIVATE LIMITED Standalone Financial Statements for period 01042018 to 31032019 Loss carried to Balance Sheet 38368 20638 2. Walmart believes such statements are forward-looking statements.
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. Flipkart India Private Limited also popularly known as Flipkart is an unlisted private company incorporated on 19 September 2011. Growth in India Flipkarts future performance and steps being undertaken to position the Walmart International business for future growth as well as statements by Walmart about its share buyback program and its credit profile.
Read more about Flipkarts FY19 group revenue up 42 at 6 bn. Walmart-owned e-commerce major Flipkart has reported a revenue of Rs 34610 crore for the financial year 2019-2020. However this will help in estimating equity.
In terms of financial statistics Flipkart Groups consolidated loss attributable to owners of the company in fiscal 2017 widened to Rs 8770 crore from Rs 5216 crore a year earlier. The Bansals and two of their relatives were also board members at WS Retail. 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.
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 Group saw its total revenues increase by a faster pace of over 50 to Rs 30164 crore in the financial year ending March. 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.