BusinessPhoto: Mint CompaniesMyntra's FY26 Revenue Declines Due to Drop in Logistics Income
Myntra, owned by Flipkart, saw a decline in operating revenue in FY26 primarily due to a 53.2% fall in logistics services income, which dropped to ₹1,119.2 crore from ₹2,390.5 crore. Marketplace services, the largest revenue source, grew 3% to ₹2,657.3 crore. Advertising revenue rose 35.2% to ₹1,236.4 crore, while other operating services income increased to ₹229.6 crore.
Mint Companies·



