{"id":871098,"date":"2024-10-29T07:42:18","date_gmt":"2024-10-29T02:12:18","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=871098"},"modified":"2024-10-29T07:47:13","modified_gmt":"2024-10-29T02:17:13","slug":"e-commerce-major-flipkart-narrows-loss-to-rs-4248-crore-in-fy24","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/29\/e-commerce-major-flipkart-narrows-loss-to-rs-4248-crore-in-fy24\/","title":{"rendered":"E-commerce major Flipkart narrows loss to Rs 4,248 crore in FY24"},"content":{"rendered":"<p>E-commerce major Flipkart has reported narrowing of consolidated net loss to Rs 4,248.3 crore in 2023-24 helped by increase in its revenue, according to a regulatory filing report shared by Tofler on Monday. <\/p>\n<p>The company posted a consolidated net loss of Rs 4,897 crore in the financial year (FY) 2022-23. <\/p>\n<p>The company&#8217;s expenses on purchase of stock in trade increased by about 24 per cent to Rs 74,271.2 crore in FY 2024 from Rs 59,816.6 crore in FY 2023.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>E-commerce major Flipkart has reported narrowing of consolidated net loss to Rs 4,248.3 crore in 2023-24 helped by increase in its revenue, according to a regulatory filing report shared by Tofler on Monday. The company posted a consolidated net loss of Rs 4,897 crore in the financial year (FY) 2022-23. The company&#8217;s expenses on purchase of stock in trade increased by about 24 per cent to Rs 74,271.2 crore in FY 2024 from Rs 59,816.6 crore in FY 2023.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-871098","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/871098","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=871098"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/871098\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=871098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=871098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=871098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}