Myntra's FY25 profit rises 18x to ₹548 crore

FLIPKART-OWNED FASHION e-commerce platform Myntra has posted a nearly 18x jump in its net profit at ₹548.3 crore in FY25 from ₹31 crore in the previous year, according to a report by Entrackr, which quoted filings with the Registrar of Companies (ROC).

- FE BUREAU

Revenue from operations also rose 18% year-on-year to ₹6,042.7 crore during the fiscal.

The surge in its net profit is largely because revenue growth was higher than the rise in expenses, which grew 11.7% y-o-y to ₹5,723.7 crore.

Its largest cost-head, advertising and promotional expenses, jumped 37% to ₹2,105.3 crore in FY25, while logistics costs rose 6.5% to ₹1,999 crore.