Now Reading: Flipkart Group FY26 revenue up 18%, operating loss narrows
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Flipkart Group FY26 revenue up 18%, operating loss narrows
Flipkart Group’s revenue from operations rose 18% to Rs 1.46 lakh crore in the year ended March 2026 (FY26), and adjusted operating losses narrowed by about Rs 1,600 crore, according to consolidated financial statements filed with the Registrar of Companies. The Walmart-backed company said the results reflect improved margins and lower overheads. Adjusted EBITDA improved by roughly Rs 1,500 crore, and the adjusted operating margin improved by 230 basis points to minus 5.4% from minus 7.7% a year earlier. The group’s advertising business grew 31%.
Consolidated net loss declined to Rs 8,468 crore from a restated Rs 8,646 crore in the prior year, an improvement of about Rs 178 crore. Higher finance costs, the derecognition of deferred tax assets and certain one-off exceptional items moderated the improvement at the net profit level, the company said. The results are the first since the group’s redomiciliation to India, reported under Flipkart Internet Private Limited. The group includes Flipkart, Myntra, Cleartrip, and platform services and logistics businesses.
Separately, The Economic Times reported that Myntra swung to a net loss of Rs 579 crore in FY26 from a Rs 548 crore net profit in the previous year, and its operating revenue fell 13% to Rs 5,243 crore. Myntra was the only profitable unit within the Flipkart group in FY25. CEO Nandita Sinha departed in 2026 and was replaced by Sharon Pais.
Indian Opinion Analysis
Fortune India and Business Standard led with the group-level improvement in revenue and operating losses, emphasising the margin gains and the redomiciliation milestone. The Economic Times, by contrast, led with Myntra’s swing to a net loss and revenue drop, a narrower unit-level story. The group-level sources note that higher finance costs and one-off items moderated net profit improvement, but they do not single out Myntra’s performance. The Economic Times adds the CEO change context. The coverage is otherwise uniform: all three sources rely on the same RoC filings and report identical headline figures for Flipkart Group. No next step or upcoming event is named by any source.
Coverage: 3 sources, 3 neutral
Sources (3): fortuneindia.com (neutral report), business-standard.com (neutral report), economictimes.indiatimes.com (neutral report)
This brief was synthesised by AI from the 3 sources linked above, so one read covers every framing they carry. Methodology and corrections.
