Overview
- Myntra posted profit after tax of ₹548.3 crore in FY25, an 18-fold jump on operating revenue of ₹6,042.7 crore driven by logistics, marketplace services and advertising.
- Flipkart Internet’s operating revenue rose 14.4% to ₹20,493 crore with net loss narrowing to ₹1,494 crore as marketplace services income more than doubled to ₹7,750.6 crore.
- Flipkart Internet’s total expenses reached ₹22,310.7 crore, led by ₹7,143.9 crore in logistics charges and higher advertising spend of ₹1,586.4 crore.
- Flipkart India Pvt. reported a wider consolidated loss of ₹5,189 crore in FY25 as revenue from operations rose 17.3% to ₹82,787.3 crore and purchase-of-goods costs escalated to ₹87,737.8 crore.
- Ahead of festive sales, Flipkart announced Creator Cities, new AI-led personalisation, expanded credit, a Flipkart Black subscription, a Pinkvilla stake, and quick-commerce Minutes scaling to 400 dark stores with a stated plan to reach 800 by year-end, as Myntra faces an ED case alleging ₹1,654 crore in FDI violations.