Myntra spends Rs 2,326 Cr on advertising for Rs 5,242 Cr revenue in FY26
Myntra, the fashion e-commerce platform owned by Flipkart, reported a decline in operating revenue in FY26, mainly due to a 53% drop in collections from logistics services. The company also swung to a net loss of Rs 579 crore from a profit in the previous fiscal year, largely steered by…