<ul><li>Flipkart’s delivery service arm Instakart reported widening losses of Rs 1718.4 crore in FY24, compared to Rs 324.6 crore in the previous year.</li><li>The company's operating revenue decreased by 5% to Rs 12,115.3 crore in FY24.</li><li>Total expenses increased by 6% to Rs 14,149.4 crore, driven by employee benefit and other expenses.</li><li>Logistics services accounted for 78% of Instakart's total operating revenues.</li></ul>

Flipkart’s delivery arm Instakart reports widening losses, lower revenue in FY24

Discover more