Myntra Slips Into The Red In FY26, Reports Rs.582 Cr Loss
India, Oct. 24 -- Fashion ecommerce platform Myntra reported a net loss of Rs.581.8 Cr in the financial year ended March 31, 2026 (FY26), reversing a net profit of Rs.546.3 Cr in the previous fiscal.
Myntra's operating revenue fell 13.5% to Rs.5,242.5 Cr in the fiscal under review, compared to Rs.6,063.8 Cr in FY25. Myntra earns revenue from three streams - marketplace services, logistics services and advertisement services.
Breaking down the top line, marketplace and collection services contributed to 50.7%. It stood at Rs.2,657.3 Cr in FY26, marking a 3% increase from Rs.2,580.2 Cr in the previous year. Advertisement Services rose 35.2% to Rs.1,236.4 Cr in the year under review, from Rs.914.5 Cr in FY25.
Meanwhile, logistics and ship...
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