Amazon Pay India’s FY26 losses widens to Rs 1,149 Cr despite double digit revenue growth
Amazon Pay India’s losses widened 33% in FY26 despite a return to double-digit revenue growth after a decline in FY25, as the digital payments arm of e-commerce giant Amazon continued to face profitability challenges.
Via Entrackr
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"Amazon Pay India, the digital payments arm of e-commerce giant Amazon, continued to face profitability challenges in FY26, with its losses widening 33% despite a return to double-digit revenue growth after a decline in FY25. The company also witnessed intensifying competition in the UPI ecosystem, as newer players gained ground and its market share declined. Amazon Pay India"s revenue from operations rose 18.5% year-on-year to Rs 2,484.4 crore in the fiscal year ended March 2026 from Rs 2,096.6 crore in…
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