How Did Myntra Make Money In FY23?

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Logistics Services

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Marketplace Services

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Advertisement Services

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Other Income

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Other Operating Revenue

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Myntra’s total revenue rose 25% to INR 4,509.2 Cr from INR 3,609.9 Cr in FY22. But how does the fashion ecommerce major make money?

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How Did Myntra Make Money In FY23?

Logistics Services

Revenue: INR 19,915 Mn

Marketplace Services

Revenue: INR 17,812 Mn

Advertisement Services

Revenue: INR 5,353 Mn

Other Income

Revenue: INR 1,339 Mn

Other Operating Revenue

Revenue: INR 673 Mn

Myntra’s total revenue rose 25% to INR 4,509.2 Cr from INR 3,609.9 Cr in FY22. But how does the fashion ecommerce major make money?