-
Sunday, July 12, 2020
Home News Walmart India witnesses marginal rise in revenue, losses mount in FY19

Walmart India witnesses marginal rise in revenue, losses mount in FY19

Walmart India has posted a marginal increase in turnover and a significant rise in losses in the financial year 2019.

According to the latest RoC filings, the wholesale unit of the company posted revenue at Rs 4,065 crore while its losses mount around 89% to Rs 171.68 crore compared to last year.

The company attributed increased losses in the period due to investment in future growth.

Walmart India investment in enhancing omnichannel capabilities also saw a rise in expenses to Rs 4,266 crore from Rs 3,778.47 crore in FY18, as per data research platform Tofler.

Continue reading Walmart India witnesses marginal rise in revenue, losses mount in FY19 at Entrackr.

Avatar
agarwaludithttp://vyapaarJagat.com
Udit Agarwal is a Digital Marketer and a Content Marketing Specialist, He enjoys technical as well as non-technical writing. His passion and urge for gaining new insights on gadgets, smartphones and technology has led him to vyapaarjagat. He quenches his thirst for technology through his action oriented writing skills and a profound ability to stay up to date with latest industry trends.

Stay Connected

5,714FansLike
4,224FollowersFollow
1,288FollowersFollow
3,989FollowersFollow
1,267FollowersFollow
6,453SubscribersSubscribe

Must Read

Tse Ping: Success Story of CP Pharmaceutical Chairman

In this success post, we are going to share the story of Tse Ping, the Chairman of CP Pharmaceutical Group. Sino Biopharmaceutical, one of...

Carl Cook Biography: Success Story of Cook Group CEO

In this success post, we are going to share the story of Carl Cook, the new CEO of the Cook Group, a medical device...

Most common HR(Human resources) challenges faced by SMEs

I am now facing lots of challenges wrt manpower. Since I was in town, I took out the Organization Study sheets, because...

John Doerr: Success Story of Kleiner Perkins Caufield CEO

In this success post, we are going to share the story of John Doerr, an American Venture Capitalist at Kleiner Perkins Caufield & Byers...

Related News

Tse Ping: Success Story of CP Pharmaceutical Chairman

In this success post, we are going to share the story of Tse Ping, the Chairman of CP Pharmaceutical Group. Sino Biopharmaceutical, one of...

Carl Cook Biography: Success Story of Cook Group CEO

In this success post, we are going to share the story of Carl Cook, the new CEO of the Cook Group, a medical device...

Most common HR(Human resources) challenges faced by SMEs

I am now facing lots of challenges wrt manpower. Since I was in town, I took out the Organization Study sheets, because...

John Doerr: Success Story of Kleiner Perkins Caufield CEO

In this success post, we are going to share the story of John Doerr, an American Venture Capitalist at Kleiner Perkins Caufield & Byers...

Robert Kuok Biography: Success Story of Malaysian Business Magnate

In this success post, we are going to share the story of Robert Kuok. Among the most successful Asian, self-made industrialists who...

Language »
×

Hello!

Click one of our representatives below to chat on WhatsApp or send us an email to [email protected]

×