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Amazon India FY26 Report Card: Loss Balloons 48% YoY, Revenue Inches Closer To ₹40,000 Cr

Amazon’s India businesses delivered a mixed performance in FY26. While revenues of its seller services, retail and pay businesses continued…

Amazon India FY26 Report Card: Loss Balloons 48% YoY, Revenue Inches Closer To ₹40,000 Cr

In Amazon India's fiscal year 2026 report, the company's losses ballooned by 48% compared to the previous year, reaching ₹2,792.8 Cr. Despite this, revenues from its seller services, retail, and pay businesses continued to rise. The company's operating revenue for the year stood at ₹39,144.3 Cr. Amazon India's business is divided into four entities - Amazon Seller Services, Amazon Wholesale India Services, Amazon Retail India, and Amazon Pay.

The seller services arm reported a 15.1% year-on-year increase in operating revenue to ₹34,966.8 Cr, while its net loss decreased marginally by 4.5% YoY to ₹389.9 Cr. The retail arm achieved a 49.5% YoY rise in top line revenue, but its net loss widened significantly, jumping 2.9 times to ₹1,158.3 Cr. Amazon Pay's operating revenue grew by 18.5% to ₹2,484.4 Cr, but its net loss surged by 32.7% YoY to ₹1,148.5 Cr.

The B2B wholesale ecommerce arm experienced a 56.5% YoY decrease in net loss to ₹96.1 Cr, with operating revenue falling by 43.4% to ₹1,693.1 Cr. Amazon India's financial challenges are being addressed with new investments and plans. The company is planning to invest $3 billion over the next four years to expand its quick commerce business, Amazon Now.

In addition, Amazon is investing $21 billion to fuel its AI and cloud infrastructure in India between 2026 and 2030.

Written by urgent.news from Inc42's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at inc42.com →

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