Myntra reports profit turnaround in FY25

Myntra, the fashion e-commerce marketplace owned by Flipkart, has reported a significant financial turnaround for the fiscal year 2025, according to its consolidated results filed with the Registrar of Companies (RoC). The company recorded a consolidated net profit of Rs 548.3 crore for the year, a substantial increase from Rs 30.9 crore in FY24. This marked an increase of more than 1,674 percent year-on-year. The improvement was primarily driven by higher revenues and tighter control over expenses, particularly employee costs.