Flipkart India's losses increase 85.91% to Rs 3,836 cr; income rises 42%

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Flipkart India's losses increase 85.91% to Rs 3,836 cr; income rises 42%
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https://wap.business-standard.com/article/compa...

offline business-losses
online business-losses
is it good long term economy??
if everyone is in loss who is gaining. of course we the consumers

24 Comments  |  
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how income and losses can be there at same time

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rogerthat wrote:

how income and losses can be there at same time

You are earning 1000 but spending 1010..

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Simbha3 wrote:

You are earning 1000 but spending 1010..

income = profit
profit and loss together doesn’t make sense

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rogerthat wrote:

income = profit
profit and loss together doesn’t make sense

Income vs. Profit
The terms “profit” and “income” are often used as synonyms, but you need to distinguish the difference between these two numbers. Income is the top-line revenue. This number is calculated by tallying every penny that came into the company during a given period. Income is commonly referred to as “Gross Revenue.”

On the other hand, profit is the amount that is left over after the expenses have been paid. To calculate this number, figure out your gross revenue and subtract the cost of goods that were sold as well as the expenses. Profit is also often called “Net Revenue.”

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Simbha3 wrote:

Income vs. Profit
The terms “profit” and “income” are often used as synonyms, but you need to distinguish the difference between these two numbers. Income is the top-line revenue. This number is calculated by tallying every penny that came into the company during a given period. Income is commonly referred to as “Gross Revenue.”

On the other hand, profit is the amount that is left over after the expenses have been paid. To calculate this number, figure out your gross revenue and subtract the cost of goods that were sold as well as the expenses. Profit is also often called “Net Revenue.”

i am not of commerce background but its not making sense to me .

Even though

i m aware of terms receipts , purchase, sales, operating profit, loss, NIM, PAT. etc

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rogerthat wrote:

i am not of commerce background but its not making sense to me .

Even though

i m aware of terms receipts , purchase, sales, operating profit, loss, NIM, PAT. etc

Income and losses here are compared with last year’s values

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Deal Subedar
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Looks like Revenue is termed as income..
Both profit and loss can’t be together

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aftabz wrote:

Income and losses here are compared with last year’s values

Even in last year they can’t Co exist.

maybe they are accounting debt to arrive at losses incurred on initial investment

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rogerthat wrote:

income = profit
profit and loss together doesn’t make sense

loss : if expenses are more than income.
profit : if income is more than expenses.

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B4TM4N wrote:

loss : if expenses are more than income.
profit : if income is more than expenses.

profit =income = revenue – expenses

businesses pay income tax on profit


theirs profit = income

any C.A.  here 🧐🧐

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this may be a well planned case of tax evasion.

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rogerthat wrote:

profit =income = revenue – expenses

businesses pay income tax on profit


theirs profit = income

any C.A.  here 🧐🧐

here, income is referred as revenues.
you can check topline (incomes/revenues) and bottom line (profits) in below sample pl statement.


https://cdn0.desidime.com/attachments/photos/593062/original/IMG_20191029_223803.jpg?1572369152


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Ye Ecom Wala Alag Hi Level Ka Commerce Hota 😂 Aur Uss K Upar Unnke Alag Level K CAs

Har Company Loss Mein Jaari Except Muku Bhai’s Jio That Too Just In Two Years They Are Debt Free rolleyes

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TechnoFrendz wrote:

Ye Ecom Wala Alag Hi Level Ka Commerce Hota 😂 Aur Uss K Upar Unnke Alag Level K CAs

Har Company Loss Mein Jaari Except Muku Bhai’s Jio That Too Just In Two Years They Are Debt Free rolleyes

Arey bhai, consolidated books dekhoge toh kahani dusri hai bhauu stuck_out_tongue stuck_out_tongue

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BubbleBoyChickenLittle wrote:

Arey bhai, consolidated books dekhoge toh kahani dusri hai bhauu stuck_out_tongue stuck_out_tongue

Kya Pata Bhai … Ye Sare Ecom Hum Sab Ko Mil Kr Bana Rhe Hai…

Asli Loss Mein Mtnl-Bsnl Hai confused Wo Logo Ka Din bas Ginti K Hai ….

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TechnoFrendz wrote:

Kya Pata Bhai … Ye Sare Ecom Hum Sab Ko Mil Kr Bana Rhe Hai…

Asli Loss Mein Mtnl-Bsnl Hai confused Wo Logo Ka Din bas Ginti K Hai ….

Bsnl cmd ne toh bola hai, better take vrs and retire with dignity. Else, ready to be thrown out if you don’t work. Dekhte hai kya hota hai. Ab toh 4g spectrum bhi mil gaya.

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BubbleBoyChickenLittle wrote:

Bsnl cmd ne toh bola hai, better take vrs and retire with dignity. Else, ready to be thrown out if you don’t work. Dekhte hai kya hota hai. Ab toh 4g spectrum bhi mil gaya.

Ab Mila… 4G To Sabse Inko Milti To Shayad Kuch Revival Krte Khud Se rolleyes But Ab To… Its Too Late For 4G …Jio Ne Pura Market Capture Kr Liya…

Lets See Kya Hota Hai.

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rogerthat wrote:

how income and losses can be there at same time

they are compering previous financial quarter/year to this year

Means its still in loss but they have generated 42% more income from last year/last quarter , and 85.91% more loses from last …………….. as per topic

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Deal Subedar
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That buggers are not here to do business, they have habit of blocking id’s if someone orders mobile phones frequently. You will earn profits only when you do business, let them suffer.

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ykgo wrote:

they are compering previous financial quarter/year to this year

Means its still in loss but they have generated 42% more income from last year/last quarter , and 85.91% more loses from last …………….. as per topic

It’s a normal fact that they are not disclosing everything to govt to evade tax and get higher hidden benefits.

Flipkart doesn’t give any extra benefit to its customers. Doesn’t give compensation. Block I’d after orders placed and doesn’t give refund.

No chances of such high losses even after courier shipping costs as normal purchase amount on Flipkart is mostly 500+.

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Deal Captain
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Let them disclose their top 5 sellers and their highest sold listings to govt. Many things will be clear

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Deal Lieutenant
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They knew it well before. They just want to make market disruption. They want monopoly. They they ll reap profits. It’s sad to see Indian market going to foreign players’ hands again.

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bikidas2060 wrote:

They knew it well before. They just want to make market disruption. They want monopoly. They they ll reap profits. It’s sad to see Indian market going to foreign players’ hands again.

indians are smart. they will buy only in discount. if online the price is more then they will go to offline.

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TechnoFrendz wrote:

Ye Ecom Wala Alag Hi Level Ka Commerce Hota 😂 Aur Uss K Upar Unnke Alag Level K CAs

Har Company Loss Mein Jaari Except Muku Bhai’s Jio That Too Just In Two Years They Are Debt Free rolleyes

bro u are comparing e commerce with telecom.
people need something for communicate purpose.
but everyone doesn’t order online stuff sweat_smile

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