Amazon’s quick commerce, grocery biz posts Rs 1,158 crore loss in FY26
Amazon's quick commerce and grocery division reported a loss of ₹1,158.3 crore in FY26, a 194% increase from ₹394.2 crore the previous year. Despite a 50% revenue growth to ₹3,080.4 crore, expenses surged 73% to ₹4,238.7 crore, driven by rising procurement and delivery costs. Amazon aims to expand its dark store count to 1,300 by April 2027.