Overview
- Tofler data show Myntra Jabong India cut its standalone FY25 loss to about Rs 998 crore from Rs 1,190.4 crore in FY24, and the company did not respond to requests for comment.
- Revenue from operations at the wholesale unit rose nearly 5% to Rs 6,012.6 crore, taking total income to Rs 6,094.1 crore, up 5.1% year on year.
- Separately, Myntra’s consumer platform posted a FY25 net profit of Rs 548.3 crore on operating revenue of Rs 6,042.7 crore, according to RoC filings cited by Medianama.
- EBITDA at the consumer business reached Rs 536.2 crore as advertising revenue climbed to Rs 914.5 crore and logistics revenue to Rs 2,918.9 crore.
- The year’s disclosures come as Flipkart prepares for an India IPO after approving a domicile shift in April, with Myntra also facing an ED case alleging FDI violations of about Rs 1,654 crore.