Amazon Transportation Services sees revenue rise of Rs 996 cr in 2017 fiscal

Losses for the entity increased to Rs 16 crore from Rs 9 crore. The entity saw a significant increase in delivery expenses to Rs 594 crore from Rs 327 crore.
Sample

The logistics arm of Amazon India, Amazon Transportation Services has posted a revenues rise by 60% to Rs 996 crore for FY17 from Rs 621 crore in the previous fiscal year.

Losses for the entity increased to Rs 16 crore from Rs 9 crore. The entity saw a significant increase in delivery expenses to Rs 594 crore from Rs 327 crore.

Amazon has also managed to expand its warehouse network in the country aggressively than its rivals.

 
 
 
 
TRENDING ARTICLE
RECOMMENDED FOR YOU