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Myntra financial statements. WS Retail was owned by Flipkart co-founders until September 2012. Company has filed its Annual Returns andor Financial Statements upto 31-03-2020 ie. It is an easy-to-read PDF report on the company that includes five year financial information ratio analysis management group structure shareholding pattern and more.
Being Indias largest e-commerce store for fashion and lifestyle products Myntra aims at providing a hassle free and enjoyable shopping experience to shoppers across the country with the widest range of brands and products on its portal. Read Full Story. Then theres WS Retail one of the most important pieces of the Flipkart puzzle.
Myntra Designs Private Limiteds operating revenues range is Over INR 500 cr for the financial year ending on 31 March 2020. Recent reports showed that Myntras top seller Vector E-commerce had also recorded a recorded a 90 fall in revenue to 115 Mn INR 81 Cr for the year ended in. Vector E-Commerce Myntra s largest vendor until a few years ago saw revenue fall by over 90 to Rs 81 crore in the year ended March 2018.
Myntra is an Indian fashion e-commerce company headquartered in Bengaluru Karnataka India. Myntra is a one stop shop for all your fashion and lifestyle needs. The auditor pointed out in the financial statement that Myntras accumulated losses at the end of the financial year are more than fifty percent of its net worth.
It had incurred cash losses in. Subscribe to the Tofler Company360 program for complete access to Toflers database. The companys current GMV is around 400 million around Rs 2600 crore.
Hence while still loss-making Myntra has managed to cut its losses by 25 year-on-year YoY from INR 1165 Cr in FY19 to INR 874 Cr for the fiscal year ending March 31 2020. Flipkart Marketplace Singapore alone posted a loss of Rs355 crore on zero revenue for the year ended 31 March 2014. Its EBITDA has decreased by -2373 over the previous year.
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