HomeNews News Amazon India s loss has gone up to Rs3,572 crore Amazon India s loss has gone up to Rs3,572 crore

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Amazon India s loss has gone up to Rs3,572 crore

Amazon India s loss has gone up to Rs3,572 crore

Monday, December 26, 2016, 2:53 PM

According to regulatory documents sourced from data platform Tofler, Amazon India’s loss for the FY 2015-16 has gone up to INR 3,572 crore from Rs1,724 crore in the previous year. After spending heavily on marketing, discounts and investments in technology and infrastructure, Amazon India reported revenue of Rs 2,275 crore for the year ended March 2016, compared with Rs1,022 crore in the previous
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