India, Nov. 11 -- Amazon Seller Services, which operates the marketplace business of Amazon India, saw its revenue jump 14.4% to cross the INR 25,000 Cr mark during the financial year ended March 31, 2024. Operating revenue stood at INR 25,406 Cr in FY24 as against INR 22,198 Cr in FY23.
The company earns revenue by providing third-party seller services, Amazon Prime subscription services, advertising income, among others.
Including other income of INR 186.8 Cr, total income for the fiscal stood at INR 25,592.8 Cr.
On the back of the rise in its top line and improvement in margin, Amazon Seller Services' net loss narrowed 28.5% to INR 3,469.50 Cr in FY24 from INR 4,854.1 Cr in the previous fiscal year.
In the fiscal, the company also ...
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