Business Wire India
- Records consolidated revenue of USD 951 million in FY19 with India revenue at USD 604 million
- India contributes to 63.5% of fiscal revenue while International markets generate 36.5% of total revenue
- The company reduces net loss in India from 24% to 14% of revenue on the back of better-operating efficiency
- Consolidated losses increase from 25% in FY18 to 35% in FY19 on the back of international expansion; especially since China was launched at the end of the fiscal
Source: Businesswire