Walmart India’s losses 74% in FY20 even revenue increases 20% to Rs 4,926cr

Walmart India, whose wholesale operation was acquired by Flipkart in July this year, saw its losses for the financial year (FY) 2020 increase 74 percent from last FY.
Walmart owned and operated 28 Best Price cash and carry wholesale stores that offered nearly 5,000 items along with two fulfillment centers based in Lucknow and Hyderabad.