Myntra Reports Big Profit Jump, Strengthens Fashion E-commerce Play

Flipkart-owned Myntra has reported a consolidated net profit of ₹548.3 crore in FY25, a massive jump from just ₹30.9 crore in FY24, according to financial disclosures cited in media reports. The sharp swing to profitability was driven by a deferred tax credit of ₹137.5 crore and lower employee-related costs, even as total expenses grew at … Continue reading Myntra Reports Big Profit Jump, Strengthens Fashion E-commerce Play