Amazon India operations turn profitable
Amazon Seller Services, which operates the Amazon marketplace in India, has turned operationally profitable in FY25, a first in its 12-year presence in the country. The company posted an earnings before interest, tax, depreciation and amortisation (Ebitda) of Rs 2,770 crore, while on a net basis, it narrowed its losses sharply by 89% to Rs 374 crore. Revenue from operations rose 18.6% year-on-year to Rs 30,138.6 crore while cash flow from operations surged to Rs 4,942 crore, up 7x from Rs 720 crore in FY24.
