Flipkart's Ekart Cuts FY26 Loss 98% to ₹26 Cr Despite Lower Top Line

Instakart Services, the Flipkart-owned company behind Ekart, cut its loss 98.3% to ₹26 Cr in the fiscal year ending March 2026, compared with ₹1,508 Cr in FY25. Total expenses fell 13% to ₹13,638 Cr. Revenue from contracts with customers dipped 4.2% to ₹13,194 Cr. Flipkart contributed about 69% of operating revenue. Ekart has opened its logistics network to MSMEs, D2C brands and enterprises.

Source: Inc42 ↗