Amazon India Revenue Hits Record High Amid Rising Expenses
Amazon's India marketplace business reported a significant increase in revenue, reaching Rs 35,574 crore in FY26. This represents a 17% growth from the previous financial year when revenue was at Rs 30,491 crore. The company's net loss, however, widened by 4% to Rs 390 crore.
The sharp rise in expenses, which climbed 16% to Rs 35,803 crore, contributed to the increased net loss. Despite this, Amazon continues to expand its operations in India across various sectors, including e-commerce, logistics, and quick-commerce services.