Synopsis
Myntra was the only profitable unit within the Flipkart group in FY25. The company saw a leadership change in 2026, when CEO Nandita Sinha departed after four years at the helm. Sinha was replaced by Sharon Pais, who took over as the head of Myntra.
TOI.inFlipkart-owned fashion e-tailer Myntra swung to net loss of Rs 579 crore in fiscal 2026, against a Rs 548 crore net profit in FY25, according to financial statements filed with the Registrar of Companies. Myntra’s operating revenue also fell 13% to Rs 5,243 crore during the year.
Myntra was the only profitable unit within the Flipkart group in FY25. The company saw a leadership change in 2026, when CEO Nandita Sinha departed after four years at the helm. Sinha was replaced by Sharon Pais, who took over as the head of Myntra.
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