Flipkart Internet FY26 revenue climbs 18% to Rs 1,45,880 crore as losses narrow

Flipkart Internet reported an 18 percent year-on-year rise in revenue from operations to Rs 1,45,880 crore in FY26, while its consolidated net loss narrowed to Rs 8,468 crore from Rs 8,646 crore, according to Business News Today. The company files with the Registrar of Companies.

Flipkart's FY26 Revenue and Losses

Total income rose to Rs 1,46,700 crore in FY26 from Rs 1,24,317 crore a year earlier. Total expenses increased 16 percent to Rs 1,54,781 crore from Rs 1,33,400 crore.

Purchases of stock-in-trade, the largest expense item, rose 17 percent to Rs 1,17,617 crore from Rs 1,00,165 crore. Other expenses increased 16 percent to Rs 28,277 crore from Rs 24,325 crore, while employee benefit expenses edged up to Rs 8,376 crore from Rs 8,268 crore. Finance costs nearly doubled to Rs 1,209 crore from Rs 649 crore, and depreciation and amortisation expenses remained largely flat at Rs 1,801 crore.

Flipkart Group operates the e-commerce marketplace Flipkart, fashion platform Myntra, travel booking platform Cleartrip and quick-commerce service Flipkart Minutes. The group continues to invest in Flipkart Minutes, which competes with Amazon Now, Blinkit, Zepto and Swiggy Instamart.

Flipkart's public listing plans remain on hold as Walmart prioritises profitability. Moneycontrol reported in May that Walmart had asked the group to defer its IPO plans and target EBITDA breakeven before the end of FY27. Flipkart has been preparing for a potential public listing after shifting its domicile from Singapore to India.

Flipkart's IPO Plans and Funding Record

According to akta.pro company records, Flipkart is preparing for a Mumbai IPO targeting an estimated $40 billion valuation, with parent Walmart signalling it must turn profitable before listing. The company raised $3.6 billion in July 2021 at a $37.6 billion valuation, in a round led by CPPIB, GIC, SoftBank and Walmart. Flipkart's total funding stands at $15.3 billion.

Earlier Flipkart Moves Before FY26

In October 2026, The Times of India reported that Flipkart Internet's gross margins expanded 23 percent year-on-year and adjusted operating losses fell by about Rs 1,600 crore. In October 2026, Mint reported that Flipkart's board and management are considering a full buyout of current employees' stocks, with a similar plan for ex-employees later, possibly between January and March 2027. In October 2026, YourStory reported that Amazon and Flipkart launched their annual mega sales, with Amazon starting a day earlier and both emphasising quick delivery and Tier II and III city growth.

What Comes Next for Flipkart

Mint reported that the employee stock buyout could occur between January and March 2027, with Walmart expected to be the buyer. Walmart has asked Flipkart to target EBITDA breakeven before the end of FY27.