Flipkart-owned fashion e-commerce giant Myntra’s FY26 financials: How falling logistics income dragged revenue down
Indian markets moved lower in a quarterly results development for FY26.
· LiveMint Companies
Myntra’s operating revenue declined in FY26 as logistics revenue fell 53.2% to ₹1,119.2 crore, outweighing modest marketplace growth and a 35.2% rise in advertising income.
Key facts
- Period
- FY26
The analysis
Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- The immediate tone of coverage reads negative.
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