Flipkart’s Logistics Arm Ekart Cuts FY26 Loss By 98% To ₹26 Cr
AI Summary
Instakart Services, the Flipkart-owned logistics company behind Ekart, nearly broke even in the fiscal year ending March 2026 (FY26). Its loss narrowed 98.3% to ₹26 Cr in the fiscal under review, compared to ₹1,508 Cr in FY25. The brand’s revenue from contracts with customers fell 4.2% to ₹13,194 Cr in FY26, from ₹13,779 Cr in the previous fiscal year.
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