Myntra turns profitable in FY24, revenue up 15%
System User, Published on Dec 10th, 2024
Fashion ecommerce marketplace Myntra has turned profitable in the fiscal year 2023-24 (FY24), posting a consolidated net profit of ₹30.9 crore as against a loss of ₹782.4 crore in the previous fiscal year. The startup’s revenue from operations stood at ₹5,121.8 crore in FY24, up about 15% from ₹4,465 crore in the previous fiscal year.
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