Business · Updated 24 Oct, 08:07 pm IST
Myntra posts ₹582 Cr loss in FY26 as revenue falls 13.5%
Why it matters for readers: Explains that even big online stores can lose money when parts of their business shrink, even if other parts grow.
- Myntra reported a net loss of ₹581.8 crore in the financial year ended March 31, 2026, after a net profit of ₹546.3 crore in FY25.1
- Operating revenue fell 13.5% year‑on‑year to ₹5,242.5 crore in FY26 (total income including other income was ₹5,315.8 crore).1
- Marketplace and collection services contributed 50.7%, rising 3% to ₹2,657.3 crore.1
- Advertisement services grew 35.2% to ₹1,236.4 crore in FY26.1
- Logistics and shipping services revenue fell 53.2% to ₹1,119.2 crore from ₹2,390.5 crore a year earlier.1
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