Flipkart narrows FY26 loss as revenue grows 18%
By Abha Lohia ·
Flipkart: revenue and funding and every story →
- Flipkart runs one of India's largest online marketplaces and is controlled by the US retailer Walmart
- Its first consolidated accounts after moving its home base to India show revenue up 18% and a net loss cut to about ₹180 crore
- Better gross margins and a 31% jump in advertising income helped, though higher finance costs and tax write-offs limited the gain
What happened
- Flipkart filed consolidated results for the year ended March 2026.
- Revenue rose 18% to about ₹1.46 lakh crore.
- Net loss narrowed to roughly ₹180 crore.
- Adjusted operating margin improved to negative 5.4%.
- Advertising income grew 31%.
Why it matters
- It is the first consolidated set of accounts since the group moved its parent company to India.
- Narrowing losses matter as the company keeps its listing plans open.
The business
- Flipkart operates an online marketplace for electronics, fashion and groceries.
- It is controlled by Walmart.
The founders
Who put in money
- Walmart Majority owner
In numbers
18%Revenue growth · FY26
~₹180 CrNet loss · FY26
31%Ad business growth · FY26
Up against
Amazon IndiaMeesho
Other articles talking about it
Terms in this story
- Contribution margin: Gross margin is the share of each sale left after the direct cost of making or delivering it. Contribution margin goes one step further and also subtracts the costs that rise with every order, such as delivery, payment fees and discounts.
- Marketplace: A marketplace is a platform that connects buyers with sellers and earns money from the transactions between them, without owning the goods or services itself. Its value grows as more people on both sides join.
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