Amazon Wholesale’s operating revenue in FY22 increased a little over 1.3X to INR 4,592 Cr from INR 3,618.1 Cr in FY21
The entity’s total expenses in FY22 stood at INR 5,085.7 Cr as against INR 3,788.7 Cr in FY21
In November 2021, the US-based ecommerce giant had infused INR 650 Cr into its India wholesale business
Amazon India’s wholesale arm Amazon Wholesale reported almost a three-fold increase in its net loss to INR 480.3 Cr in the financial year 2021-22 (FY22) from INR 161.8 Cr in the prior fiscal year ending March 31, 2021.
Its operating revenue, generated from sale of products, increased a little over 1.3X to INR 4,592 Cr during the year from INR 3,618.1 Cr in FY21. The entity generated INR 4,605.4 Cr in total revenue in FY22 as against INR 3,628.7 Cr in the prior fiscal year.