Business · Updated 17 Oct, 04:53 pm IST
Flipkart logistics arm Ekart cuts FY26 loss to ₹26 crore, nears break-even
Why it matters for readers: Helps understand why Ekart is closer to breaking even and which parts of its business are growing or shrinking.
- Instakart’s FY26 loss fell 98.3% to ₹26 crore from ₹1,508 crore in FY25.1
- Revenue from contracts with customers declined 4.2% to ₹13,194 crore in FY26, while total income fell 3.9% to ₹13,612 crore.1
- Flipkart accounted for about ₹9,112 crore, roughly 69% of Ekart’s operating revenue in the year.1
- Operating expenses fell 13% year-on-year to ₹13,638 crore, and logistics, transportation and shipping revenue dropped 39.5% to about ₹6,419 crore.1
- Collection services income plunged 68% to ₹510 crore, while warehousing services rose 44% to ₹2,212 crore.1
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