Ekart nearly breaks even as FY26 loss falls 98% to ₹26 crore
In short
Instakart Services, the Flipkart-owned company behind Ekart, cut its FY26 loss by 98% to ₹26 crore. The company nearly broke even in the year ending March 2026.
That means the logistics arm improved sharply. The reporting does not say what caused the drop in losses or whether the business turned profitable.
What the reporting says
Instakart Services, the Flipkart-owned logistics company behind Ekart, nearly broke even in FY26 after its loss fell 98% to ₹26 crore. The publisher summary does not provide the prior-year loss figure, revenue, or the drivers behind the improvement. The immediate consequence is a much smaller loss for the logistics arm, but the full turnaround is not confirmed.
Why it matters
Instakart Services, the Flipkart-owned logistics business behind Ekart, nearly broke even in FY26 after its loss fell 98% to ₹26 crore in the year ending March 2026. The publisher summary does not state the earlier loss, revenue, or the reasons for the improvement. The report suggests major progress in the company’s operating performance, but it does not confirm profitability or explain the underlying change.