Flipkart Group FY26 Revenue Near ₹1.5 Lakh Cr, Net Loss Narrows

Flipkart Group's consolidated revenue rose 18.2% to ₹1.45 Lakh Cr in the fiscal year 2025-26, up from ₹1.23 Lakh Cr in the previous fiscal year. The ecommerce conglomerate, backed by Walmart, also saw its consolidated net loss decrease marginally by 2.1% to ₹8,468 Cr from ₹8,646 Cr.

The reported figures encompass the entire Flipkart Group, including businesses like Myntra and Cleartrip, and reflect its performance after re-domiciling its holding structure to India in March 2026. This restructuring precedes a potential domestic public listing.

Operationally, the company noted a 23% year-on-year increase in gross margins and an improvement of approximately ₹1,500 Cr in adjusted EBITDA. Operating losses narrowed by 17%, though the reduction in net loss was limited due to increased finance costs and exceptional items.

In contrast, Flipkart's direct B2C arm, Flipkart Internet Private Limited, experienced a 19.3% decline in revenue from operations to ₹16,295 Cr. Its net loss for this segment widened to ₹5,498 Cr from ₹1,694 Cr in the prior fiscal year.

Flipkart Group's total expenses increased by 16% to ₹1.54 Lakh Cr. The largest expense category was the purchase of traded goods, amounting to ₹1.17 Lakh Cr. Finance costs nearly doubled, while logistics and storage service charges rose by 28.9%.