Flipkart’s logistics unit, Ekart, has reduced its losses in FY25 to ₹1,515 crore, marking an improvement compared to previous years. The company also reported steady revenue growth, showing signs of better operational efficiency in India’s competitive e-commerce logistics sector.
Key Highlights
| Particulars | FY25 | FY24 | Change |
|---|---|---|---|
| Revenue | ₹6,160 Cr (approx.) | ₹5,850 Cr (approx.) | ↑ 5% |
| Net Loss | ₹1,515 Cr | ₹2,050 Cr | ↓ 26% |
| Business | Logistics services for Flipkart, Myntra, and third parties | – | – |
| Reason for Change | Cost optimization, higher order volumes | – | – |
What This Means
- Loss Reduction: Ekart’s loss dropped by 26%, showing progress in cost-cutting and efficiency.
- Revenue Growth: Revenues rose by around 5%, driven by higher e-commerce demand.
- Third-Party Push: Ekart is focusing on serving not just Flipkart and Myntra but also external sellers and businesses.
- Competitive Market: Faces tough competition from Delhivery, Ecom Express, Shadowfax, and Amazon Transportation Services.
Expert View
Analysts say narrowing losses indicate improving unit economics, though Ekart must expand its third-party logistics business to achieve profitability. With e-commerce in India expected to grow rapidly, Ekart’s performance will be crucial for Flipkart’s long-term sustainability.
