Myntra profitability FY24

Myntra records Rs 31 crore profit in FY24, advertising expenses down by 4.63%

Logistics services accounted for 47.6% of the operating revenue, increasing by 22.5% to Rs 2,439 crore in FY24. Marketplace services remained steady, contributing Rs 1,774.6 crore, while advertising revenue surged by 33.07% to Rs 712.3 crore.