Myntra Designs Private Limited, parent of Myntra fashion and lifestyle platform and is part of Flipkart Group, reported revenue from operations of Rs 5,242.5 crore in FY26, per its financial statements filed with the Registrar of Companies (RoC).
Excluding logistics and shipping services, revenue from operations rose 12 per cent to Rs 4,123.3 crore from Rs 3,673.3 crore, driven by higher advertising and marketplace revenue, according to the revenue breakdown in the filing.
Revenue from advertisement services rose 35.2 per cent to Rs 1,236.4 crore from Rs 914.5 crore, per the filing. Revenue from marketplace and collection services rose 3 per cent to Rs 2,657.3 crore from Rs 2,580.2 crore, and other operating revenue rose 28.6 per cent to Rs 229.6 crore.
Further, the Revenue from logistics and shipping services was Rs 1,119.2 crore, against Rs 2,390.5 crore in FY25. The lower logistics revenue took total revenue from operations below the FY25 level of Rs 6,063.8 crore.
This is the first time since the Flikpart group’s redomiciliation to India (FY26) that consolidated group numbers have been reflected in Flipkart Internet Private Limited, Flipkart Group said in a statement.
Flipkart Group comprises Flipkart, Myntra and Cleartrip, along with platform services, logistics and other specialised businesses.
The businesses operate across multiple legal entities and share technology infrastructure, loyalty programmes and supply chain capabilities, the statement said. It said stakeholders should refer to the consolidated financials of Flipkart Internet Private Limited to assess the group’s overall performance, and that this is the right way to do so.
On a consolidated basis, the group’s revenue grew 18 per cent, according to the statement. The consolidated financial statements of Flipkart Internet Private Limited filed with the RoC show revenue from operations of Rs 1,45,880 crore in FY26, against a restated Rs 1,23,451 crore. The total consolidated loss for the year was Rs 8,468 crore, against a restated Rs 8,646 crore in FY25.
In FY27, which began in April 2026, Myntra has seen customer growth of about 30 per cent so far this year and is on track to reach 100 million monthly active users during the ongoing festive season, the company said.
Myntra’s flagship Big Fashion Festival (BFF), which began on October 8, recorded a 4X rise in demand over business-as-usual (BAU) levels in its first 24 hours, the company said.
Shoppers from Tier 2 and Tier 3 cities accounted for more than half of the orders placed on the first day, it said. Jaipur, Lucknow, Patna, Indore, Ludhiana, Surat, Dehradun, Bhubaneswar and Mysuru were among the cities with high traction, the company said.
Ahead of Durga Puja, Myntra said demand from eastern India was 7X over BAU, led by West Bengal, Assam and Bihar. New customers from these regions grew 1.8X over BAU, it said.
Ethnic wear, casual wear, beauty essentials and sportswear led demand, the company said. Myntra’s total expenses were Rs 5,757.7 crore, up 0.6 per cent from Rs 5,726 crore, per its filing. Direct expenses, which include logistics charges, fell 14 per cent to Rs 1,841 crore.
Other expenses, which include advertisement and business promotion, rose 12.8 per cent to Rs 3,059.8 crore. Employee benefit expenses rose 3.7 per cent to Rs 776.9 crore. The company recorded a loss before tax of Rs 441.9 crore, against a profit before tax of Rs 411 crore in FY25. The FY25 profit included a deferred tax credit.
The Myntra figures are standalone, as the company is included in the consolidated financial statements of its holding company, Flipkart Internet Private Limited, the filing says. Flipkart Group said the results give a historical view of the business and are not a current trading update.
Myntra FY26 Revenue At Rs 5,242.5 Crore; Advertising Income Jumps 35%
