Myntra Designs Private Limited, parent of Myntra fashion and lifestyle platform and is part of Flipkart Group, reported revenue from operations of Rs 5,242.5 crore in FY26, per its financial statements filed with the Registrar of Companies (RoC).
\n\nExcluding logistics and shipping services, revenue from operations rose 12 per cent to Rs 4,123.3 crore from Rs 3,673.3 crore, driven by higher advertising and marketplace revenue, according to the revenue breakdown in the filing.
\n\nRevenue from advertisement services rose 35.2 per cent to Rs 1,236.4 crore from Rs 914.5 crore, per the filing. Revenue from marketplace and collection services rose 3 per cent to Rs 2,657.3 crore from Rs 2,580.2 crore, and other operating revenue rose 28.6 per cent to Rs 229.6 crore.
\n\nFurther, the Revenue from logistics and shipping services was Rs 1,119.2 crore, against Rs 2,390.5 crore in FY25. The lower logistics revenue took total revenue from operations below the FY25 level of Rs 6,063.8 crore.
\n\nThis is the first time since the Flikpart group’s redomiciliation to India (FY26) that consolidated group numbers have been reflected in Flipkart Internet Private Limited, Flipkart Group said in a statement.
\n\nFlipkart Group comprises Flipkart, Myntra and Cleartrip, along with platform services, logistics…
Original source: https://www.timesnownews.com/business-economy
