Myntra, the fashion and lifestyle e-commerce arm of Flipkart, has reported a massive surge in profitability in FY25. The company’s profit jumped 18 times to ₹548.3 crore, compared to just ₹30.4 crore in FY24.
At the same time, Myntra’s revenue crossed ₹6,000 crore, driven by strong growth in online fashion sales, beauty products, and exclusive brand partnerships.
The company benefited from rising demand in Tier-2 and Tier-3 cities, where more customers are shopping online for affordable fashion. Myntra’s marketing campaigns, faster delivery, and collaborations with global brands also played a key role in boosting revenue.
Experts say that Myntra’s strong performance shows the growing potential of fashion e-commerce in India, especially as more customers shift to digital platforms. With beauty, accessories, and premium fashion gaining traction, Myntra is aiming to further strengthen its position in the competitive Indian e-commerce market.
Summary Table
| Metric | FY24 | FY25 | Growth |
|---|---|---|---|
| Profit After Tax (PAT) | ₹30.4 crore | ₹548.3 crore | 18x increase |
| Revenue | ₹5,000+ crore* | ₹6,000+ crore | 20% growth |
| Key Drivers | Fashion sales, beauty, Tier-2 & Tier-3 demand, brand partnerships | Same, with higher digital adoption | Continued momentum Entrackr.com |
*approximate, based on reported estimates
