Archive · 8 Jun 2025
Flipkart's Ekart Logistics Achieves Profitability, Eyes Growth
Ekart, the logistics arm of Flipkart, is now making money and has many more customers than before.
It helps deliver packages and manage warehouses for different companies, not just Flipkart.
Ekart is also trying to get even more customers by offering good services.
The company has seen a huge jump in sales and is growing fast.
Even though it lost money last year, it's expected to make a lot more money this year.
They are aiming to keep growing, but want to be profitable.
Ekart, Flipkart's logistics arm, is now both profitable and cash-generating.
The company has experienced a tenfold increase in revenue and a 50x jump in its customer base.
Ekart provides a range of services including B2B warehousing, B2C deliveries, and more.
Ekart has expanded its client base to nearly 1,000, with external business growing significantly.
The company expects to double revenue year-on-year for the next 3-4 years, focusing on profitable growth.
- Who
- Ekart, Flipkart's logistics arm
- What
- Achieved profitability and is expanding its services.
- When
- Recent times; Ekart is focusing on profitable growth in the next 3-4 years
- Where
- India
- Why
- To capitalize on the growing logistics market and offer end-to-end supply chain solutions.
Ekart
Third-Party Logistics (3PL) Providers
Focus
Ekart
Focus on providing reliable service quality, promptly resolving issues, and customizing solutions.
Third-Party Logistics (3PL) Providers
Facing increasing volume and pricing pressures due to the expansion of in-house logistics capabilities by e-commerce companies.
- Clients
- Nearly 1,000
- External Business Growth
- Sixfold in volume (past 3 years)
- EBITDA Growth (Projected)
- 12x this year compared to last year
- Ekart Revenue FY24
- ₹12,115 crore
- Ekart Net Loss FY24
- ₹1,718 crore