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Flipkart-owned online fashion and beauty retailer Myntra’s net profit for the financial year ending March 2025 jumped nearly 18 times to Rs 548 crore from Rs 31 crore in FY24, according to the company’s financial statements sourced from the Registrar of Companies (RoC). The company’s operating revenue grew 18% to Rs 6,043 crore, but expenses increased at a slower clip, leading to the rise in net profit.
The company’s total expenses rose to Rs 5,724 crore, up 12% from Rs 5,123 crore reported a year ago.
However, the surge in Myntra’s profit came…
