Flipkart India, owned by Walmart, reported a consolidated loss of Rs 4,890.6 crore in FY22-23, an increase of 44% from the previous year. Its net total income increased by 9.4% to Rs 56,012.8 crore. Flipkart India recorded a 9% growth in operating revenue, while Flipkart Internet, which runs the marketplace, saw a 33% rise in operating revenue in FY22. Flipkart India's revenue mainly comes from selling goods to sellers and mom-and-pop stores.
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