The style ecommerce arm of Flipkart, noticed its web revenue zoom about 18X to INR 548 Cr in FY25 from INR 31 Cr within the earlier fiscal yr because of enchancment in margins
The corporate’s income from operations rose 18% to INR 6,043 Cr from INR 5,122 Cr in FY24
The corporate’s whole expenditure rose 10.5% to INR 5,723.7 Cr through the interval beneath evaluate from INR 5,123 Cr in FY24
Myntra
, the style ecommerce arm of Flipkart, noticed its web revenue zoom about 18X to INR 548 Cr in FY25 from INR 31 Cr within the earlier fiscal yr because of enchancment in margins.
The corporate’s income from operations rose 18% to INR 6,043 Cr from INR 5,122 Cr in FY24.
Myntra earns income from three streams – market providers, logistics providers and commercial providers.
The income of market providers vertical rose 15.6% to INR 2,051.8 Cr in FY25 from INR 1,774.6 Cr within the earlier yr. Logistics income rose 19.7% to INR 2,918.9 Cr from INR 2,439 Cr in FY24.
In the meantime, commercial income grew 28.4% to INR 914.5 Cr from INR 712.3 Cr within the earlier yr.
Different revenue, primarily from royalties, zoomed 81% to INR 94 Cr. Together with different revenue, whole income stood at INR 6,137Cr through the yr beneath evaluate.
The corporate’s EBITDA skyrocketed over 4X to INR 535.9 Cr from INR 123 Cr in FY24, with EBITDA margin increasing to 9% from 2%.
Notably, Myntra obtained a $125 Mn infusion from its Singapore-based dad or mum in Might this yr. The platform can be going through regulatory scrutiny. In July this yr, the Enforcement Directorate (ED) filed a case in opposition to the corporate and its associated entities for alleged FDI violations value INR 1,654 Cr.
Breaking Down Myntra’s Bills
The corporate’s whole expenditure rose 10.5% to INR 5,723.7 Cr through the interval beneath evaluate from INR 5,123 Cr in FY24.
The place direct bills, together with logistics and procurement, went up 7% YoY to INR 2,139 Cr, finance prices climbed 66% to INR 100 Cr. Right here’s a breakdown of the expenditure:
Worker Profit Bills: The corporate’s spending on its staff decreased 7% to INR 749 Cr from INR 800 Cr in FY24.
Promoting Bills: This was one of many largest contributors to the whole expenditure, rising 25.5% to INR 2,105.3 Cr in FY25 from INR 1,677.4 Cr within the earlier fiscal yr.
After Gross sales Service Bills: The spending beneath this head elevated 8.2% to INR 98.5 Cr from INR 91 Cr within the earlier yr.
In the meantime, Flipkart Web, the B2C market arm of the ecommerce big, crossed the INR 20,000 Cr income mark in FY25. Its working income grew 14.4% YoY to INR 20,493 Cr, whereas web loss narrowed 37% to INR 1,494 Cr.
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