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Results · 20 October 2026MyntraFlipkart-owned fashion ecommercemyntra.com ↗

Myntra revenue FY26: ₹5,242 Cr, net loss ₹579 Cr

Myntra swings to ₹579 Cr loss in FY26

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Myntra revenue

Myntra reported revenue of ₹5,242 Cr in FY26, with a net loss of ₹579 Cr. Reported 20 October 2026.

Revenue (FY26)₹5,242 Cr
Net loss (FY26)₹579 Cr
  • Myntra is a fashion ecommerce platform owned by Flipkart, earning from marketplace, logistics and advertising services
  • Operating revenue fell 13.5 per cent to ₹5,242 crore as logistics income dropped by more than half
  • It posted a ₹579 crore net loss, driven by restructuring costs from moving its parent back to India

What happened

  • Revenue from operations fell 13.5% to ₹5,242 crore.
  • Net loss was ₹579 crore versus profit before.
  • Logistics revenue dropped 53% to ₹1,119 crore.
  • Advertising revenue grew 35% to ₹1,236 crore.
  • Marketplace revenue rose 3% to ₹2,657 crore.

Why it matters

  • Logistics decline caused the overall revenue fall.
  • Restructuring for the reverse flip drove the loss.
  • Advertising is now nearly a quarter of revenue.

The business

  • Myntra sells fashion online.
  • It earns fees from sellers on its marketplace.
  • It also sells ad space to brands.
  • It provides logistics services.
  • Flipkart owns it.

In numbers

₹5,242 CrRevenue · FY26
₹579 CrNet loss · FY26

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Terms in this story

  • 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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