Myntra
Financial Performance
Myntra Revenue & Financials
Revenue
~$701M (FY2025)
Net Income
~$63.6M
Employees
5,500
What is Myntra's revenue?
Myntra had ~$701M in revenue for fiscal year 2025, up 18% from 2024. Net income was ~$63.6M.
- Latest revenue
- ~$701M (FY2025)
- Year-over-year
- +18%
- Growth rate (CAGR)
- 16.3% over 2 years
- Peak revenue
- ~$701M (FY2025)
- Years of data
- 3
- Employees
- 5,500
- How much profit does Myntra make?
- Myntra reported net income of ~$63.6M for fiscal year 2025. entrackr.com
- How many employees does Myntra have?
- Myntra has about 5,500 employees.
Financial Analysis
Myntra Designs reported operating revenue of ~$594 million (₹5,121.8 crore) in FY24 and ~$701 million (₹6,043 crore) in FY25 (+18%). It swung from a ~$90.7 million (₹782 crore) loss in FY23 to a ~$3.58 million (₹30.9 crore) profit in FY24, then to ~$63.6 million (₹548 crore) in FY25; about $15.7 million (₹135 crore) of the FY25 profit came from a deferred tax credit. Advertising income rose 28% to ~$106 million (₹914 crore) in FY25, while marketing spend climbed to about $244 million (₹2,105 crore). Myntra does not publish GMV, and as a private Flipkart subsidiary it has no public market capitalisation.
Revenue Trend Analysis
YoY Change
+18%
2-Year CAGR
+16.3%
Peak Year
2025
Trend
Not enough comparable years
Myntra has 3 full fiscal year figures on this page, compounding at +16.3% annually over 2 years. The most recent year saw a 18% increase versus the prior year. Annual revenue peaked in fiscal year 2025 at ~$701M. Of 2 comparable year-over-year steps, 2 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change | Source |
|---|---|---|---|---|
| FY2025 | ~$701M | ~$63.6M | +18.0% | Myntra Designs results (RoC filing, via Entrackr) Revenue from operations, fiscal year ended 31 March 2025. |
| FY2024 | ~$594.1M | ~$3.6M | +14.7% | Myntra Designs results (RoC filing, via Entrackr) Revenue from operations, fiscal year ended 31 March 2024. |
| FY2023 | ~$517.9M | -~$90.7M | — | Myntra regulatory filing via Economic Times Revenue from operations for the fiscal year ended 31 March 2023; the later FY2024 filing reported INR 4,465 crore as the comparative figure. |
Click any row to see year details.
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Myntra Revenue and Financial FAQ
What was Myntra's revenue in FY25?
Myntra Designs reported operating revenue of ~$701 million (₹6,043 crore) for the year ended March 2025, up 18% from ~$594 million (₹5,121.8 crore) in FY24.
How much profit did Myntra make in FY25?
Net profit was ~$63.6 million (₹548.3 crore) in FY25, about 18 times FY24's ~$3.58 million (₹30.9 crore); roughly $15.7 million (₹135 crore) came from a deferred tax credit.
When did Myntra become profitable?
Myntra posted its first annual profit in FY24 (~$3.58 million (₹30.9 crore)) after a ~$90.8 million (₹782.4 crore) loss in FY23.
How big is Myntra's advertising business?
Advertising revenue rose 28% to ~$106 million (₹914 crore) in FY25, while marketing expenses grew to about $244 million (₹2,105 crore).
What was Flipkart's purchase price for Myntra?
Flipkart acquired Myntra in 2014 in a deal valued at about ₹2,000 crore, roughly $330 million at the time.
Does Myntra disclose GMV or valuation?
No. Myntra is a private Flipkart subsidiary and does not publish GMV or a standalone valuation, so this profile does not estimate them.
When did Myntra achieve operating profitability?
After years of heavy discounting and customer acquisition burn, Myntra achieved positive operating EBITDA and net statutory profitability in fiscal year 2024/2025 (generating over ₹500 crore in operating earnings on ₹6,000+ crore in revenue). Profitability was driven by expanding advertising revenue, premium international brand curation, and supply chain efficiencies under Walmart/Flipkart ownership.
What is Myntra's contribution to Flipkart's overall consolidated financials?
Myntra operates as Flipkart's highest-margin commerce asset. Because fashion apparel commands significantly higher commission take-rates and advertising margins than low-margin consumer electronics and smartphones, Myntra generates substantial operating cash flow that supports the broader Flipkart/Walmart ecosystem.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Myntra Revenue & Financials." CorpDigest, https://corpdigest.com/company/myntra/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Myntra reported ~$701M in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/myntra/financials" target="_blank" rel="noopener">CorpDigest — Myntra financials</a></div>Related Financial Audits
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