Business · Companies · 7 hrs ago
Flipkart Group Revenue Rose 18% in FY26 as Net Loss Narrowed
Flipkart Group’s revenue rose 18% to ₹1.45 lakh crore in the financial year ending March 2026, while its net loss narrowed 2.1% to ₹8,468 crore.
These figures cover the wider group, including Myntra, Cleartrip, logistics and other operations, not just the Flipkart shopping marketplace.
The group completed its move from Singapore back to India in March 2026, and its results provide a historical view of the business after that restructuring.
The move returned the group’s holding structure to India ahead of a potential domestic public listing, though no listing date is given.
Higher gross margins and lower overheads improved operating performance, with adjusted operating margin rising from -7.7% to -5.4%.
However, finance costs, tax-related changes and exceptional items limited the improvement in the group’s overall net loss.
Flipkart’s e-commerce arm had a different result, with revenue down 19.3% to ₹16,295 crore and its net loss rising to ₹5,498 crore.
Flipkart Group reported consolidated operating revenue of ₹1.45 lakh crore in FY26, up 18.2% from the previous year.
Its consolidated net loss narrowed 2.1% to ₹8,468 crore from ₹8,646 crore in FY25.
The figures cover the group as a whole, including Myntra, Cleartrip, logistics and platform services, not just the Flipkart marketplace.
The group said gross margins rose 23% and adjusted EBITDA improved by around ₹1,500 crore during the fiscal year.
Total expenses increased 16% to ₹1.54 lakh crore.
- Who
- Flipkart Group, the Walmart-backed ecommerce group.
- What
- It reported revenue of ₹1.45 lakh crore in FY26, up 18.2%, while its net loss narrowed 2.1% to ₹8,468 crore.
- When
- Fiscal year 2025-26, ended March 2026. The results were reported on October 15, 2026.
- Where
- India; the group completed its reverse flip from Singapore to India in March 2026.
- Why
- Not stated.
This story does not have two clearly opposing sides.
Flipkart Group completed its reverse flip from Singapore to India.
Flipkart Group recorded revenue of ₹1.45 lakh crore and a net loss of ₹8,468 crore for FY26.
Inc42 published the FY26 results.
- FY26 group revenue
- ₹1.45 lakh crore
- Revenue growth
- 18.2% year on year
- FY26 group net loss
- ₹8,468 crore
- Net loss reduction
- 2.1% from ₹8,646 crore in FY25
- Group expenses
- ₹1.54 lakh crore, up 16% year on year
What people are saying
As part of its re-domiciliation to India, (the) Flipkart Group is publishing consolidated financial results under Flipkart Internet Private Limited. The results reflect the group’s performance over the reporting period for the year ended March 2026 and provide a historical view of the business rather than a current trading update
Adjusted operating margin improved by 230 basis points, from -7.7% to -5.4%, supported by higher gross margins and lower overheads