Moglix Continues Top-Line Growth Momentum in FY26
Mogli Labs (India) Private Limited, which operates Moglix across India, the Middle East, and West Africa, continued to deliver top-line growth in FY26. The company remained focused on margin enhancement, achieving a 16.3% year-on-year improvement in gross profit. This, in turn, enabled Moglix to substantially reduce its operating losses, excluding non-cash and non-operating items.
Rahul Garg, Founder and CEO, Moglix, said, “In a demanding year for businesses everywhere, our customers, suppliers and teams stood with us. This performance reflects their trust.”
The company continues to build resilience and strengthen unit economics while growing GMV.
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