Myntra Sees Net Profit Surge to Rs 548 Crore in FY25, Revenue Up 18%

Myntra's FY25 net profit surged to Rs 548 crore, an 18-fold increase from Rs 31 crore in FY24. The company's operating revenue grew 18% to Rs 6,043 crore, while expenses increased 12% to Rs 5,724 crore. The rise in profit was partly due to a deferred tax credit of Rs 135 crore. Myntra received fresh funding of Rs 1,062.5 crore from its parent entity in May.

IBEX Limited, a leading provider of global business process outsourcing and end-to-end customer engagement technology solutions, has announced its financial results for the fourth quarter and fiscal year 2025. The company reported robust growth across various metrics, including revenue, earnings per share (EPS), and free cash flow.

For the fourth quarter, IBEX's revenue grew by 18.2% to $147.1 million, marking its highest quarterly growth rate in over eleven quarters. This growth was driven by strong performance in its top three verticals: Retail & E-commerce (+24.5%), HealthTech (+19.0%), and Travel, Transportation and Logistics (+10.0%). The company also saw significant growth in its digital acquisition business. Net income for the quarter remained stable at $9.6 million, while diluted EPS increased to $0.66 from $0.56 in the prior year quarter. The increase in EPS was partly due to a reduction in diluted shares outstanding resulting from share repurchase activities during the year.

For the full fiscal year 2025, IBEX's revenue grew by 9.8% to $558.3 million. This growth was driven by strong performance in the HealthTech (+23.2%), Travel, Transportation and Logistics (+13.7%), and Retail & E-commerce (+12.6%) segments. Net income for the year increased to $36.9 million, while diluted EPS grew to $2.36 from $1.84 in the prior year. The company's adjusted net income and adjusted EPS also increased significantly, with adjusted net income rising to $43.0 million and adjusted EPS growing to $2.75.

IBEX's capital expenditures for the year increased to $18.4 million, driven by capacity expansion to meet strong demand in its highest margin regions. Cash flow from annual operating activities increased to $45.7 million, contributing to record annual free cash flow of $27.3 million. The company's net cash position improved to $13.7 million, up from $61.2 million as of June 30, 2024, reflecting $77.2 million in share repurchases during the year.

Looking ahead, IBEX expects to achieve strong financial results in fiscal year 2026. The company has guided for revenue in the range of $590 to $610 million, with adjusted EBITDA expected to be between $75 to $79 million. For the first quarter of fiscal year 2026, IBEX expects revenue to be in the range of $143 to $146 million, with adjusted EBITDA expected to be between $17.5 to $19 million. The company plans to invest between $20 to $25 million in capital expenditures during the year.

IBEX will host a conference call and live webcast to discuss its fourth quarter and fiscal year 2025 financial results at 4:30 p.m. Eastern Time today, September 11, 2025. More information can be found on the company's investor website [here](https://investors.ibex.co/).