Home / Business and Economy / Flipkart's Logistics Arm Cuts Losses by 98% in FY26
Flipkart's Logistics Arm Cuts Losses by 98% in FY26
17 Oct
Summary
- Instakart's loss reduced by 98.3% to ₹26 Cr in FY26.
- Revenue from contracts with customers fell 4.2% to ₹13,194 Cr in FY26.
- Total expenses dipped by 13% YoY to ₹13,638 Cr in the reviewed fiscal year.
Instakart, the logistics firm owned by Flipkart, achieved near break-even status in the fiscal year ending March 2026 (FY26). The company's loss was drastically reduced by 98.3%, shrinking to ₹26 Cr from ₹1,508 Cr in FY25.
Revenue from customer contracts saw a slight decrease of 4.2%, amounting to ₹13,194 Cr in FY26, with Flipkart contributing approximately 69%. Key operational segments like logistics and transportation experienced a significant revenue drop of 39.5% YoY. Warehousing services, however, showed a 44% rise.
Overall expenses for Instakart declined by 13% to ₹13,638 Cr in FY26. Significant cost reductions were observed in freight and handling, falling by 17.1%, and employee benefits, shrinking by 24.9%. The company, founded in 2009, has been expanding its network and recently opened its logistics services to MSMEs and other enterprises.
Ekart has operationalized over 300 franchise outlets and plans to reach 1,000 by the end of 2026. The company operates a vast network, including 7,000 trucks daily and numerous fulfillment and sortation centers across the country.
