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Revenue shoots up 73%, phenomenal turnaround by Snapdeal

Nabanita Dutta

News Editor

Today, Snapdeal has revealed the phenomenal turnaround of financial results for them in 2018-19. In the last couple of years Snapdeal and increased its focus on the needs of the value-conscious buyers of India. Their operating revenue has increased by 87%, that is from Rs 535.9 crore to Rs 925.3 crore, while base cost has reduced significantly. Its loss has reduced from Rs 611 cr in FY18 to Rs 186 cr in FY19.