Flipkart's Logistics Arm Ekart Slashes FY26 Loss by 98% to ₹26 Crore

17 Oct 2026, 4:53 pm · 4h ago · 1 min read · Inc42

Instakart Services, Flipkart’s logistics arm operating as Ekart, reduced its net loss by 98.3% to ₹26 crore in FY26, down from ₹1,508 crore in FY25. However, revenue from customer contracts slipped 4.2% year-on-year to ₹13,194 crore from ₹13,779 crore. Flipkart accounted for 69% of operating revenue at ₹9,112 crore. Transportation and shipping revenue plunged 39.5% to ₹6,419 crore, while warehousing revenue rose 44% to ₹2,212 crore. Total income stood at ₹13,612 crore as Ekart expanded services to external D2C brands, MSMEs, and retailers across 14,000 pin codes.