Operational Profitability
Brands Companies E-commerce & Marketplaces Finance News

Myntra Revenue Soars But Losses Widen Despite Profitability Milestone

Myntra, the fashion platform owned by Flipkart, announced on Tuesday that it has achieved operational profitability since October last year. According to the company, its marketplace entity has been earnings before interest, taxes, depreciation and amortisation (EBITDA) positive since the last quarter of calendar year 2023, marking the first time the firm has achieved this […]

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