New Delhi, Oct. 22 -- Flipkart-owned online fashion platform Myntra's operating revenue declined in FY26, as a sharp fall in income from logistics services outweighed growth in advertising and marketplace services.

Myntra earns revenue from marketplace services, logistics, advertising and other operating services. Marketplace services remained its largest revenue stream, contributing 50.7% of operating revenue. Revenue from this segment grew 3% to Rs.2,657.3 crore in FY26. The segment earns fees and commissions from sellers using Myntra's online marketplace.

Logistics services revenue, which includes fees for delivery and related services, fell 53.2% to Rs.1,119.2 crore in FY26 from Rs.2,390.5 crore in the previous fiscal year. This sha...