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The country's leading e-commerce company Flipkart has suffered a major setback. The integrated deficit of Walmart-owned e-commerce company Flipkart India Private Limited increased to Rs 5,189 crore in the fourth quarter of FY 2024-25. According to the latest data from the business Khufia Manch Toflar, its deficit has increased. At the same time, Flipkart India had a loss of Rs 4,248.3 crore in the last financial year (2023-24).

In the financial year 2024-25, the income coming from operations recorded an increase of 17.3 percent, which increased from Rs 70,541.9 crore to Rs 82,787.3 crore in FY 2023-24. According to the data obtained from the toffeer, the total expenditure of the company increased by 17.4 percent to Rs 88,121.4 crore during FY 2024-25. The company's financial cost also increased a great increase, which increased by 57 percent to about Rs 454 crore in FY 2024-25. The income of the company increased but it could not get relief from it, because with the increase in income, the company's deficit also increased.

Company answer?

According to the language report, when Flipkart sought an official answer to these figures, the company did not give any response. Experts say that Flipkart's financial condition has been under pressure due to constant expenditure on strong competition and discount model in e-commerce. Nevertheless, the increasing income shows that the company's sales and market watches are constantly growing.

Mantra's profit increased

On the other hand, fashion and lifestyle e-commerce platforms, Mantra Designs Private Limited, increased the consolidated profit on March 2025 and increased several times in the financial year to Rs 548.3 crore. According to the recently released data by the tapler, the company based on Bengaluru had a profit of Rs 30.9 crore in the last financial year. The company's operational revenue also increased by Rs 18 per cent from Rs 5,121.8 crore for the financial year 2023-24 to Rs 6,042.7 crore in 2024-25.