Now Reading: Zepto net loss widens to Rs 5,905 crore on Rs 22,624 crore revenue
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Zepto net loss widens to Rs 5,905 crore on Rs 22,624 crore revenue
Zepto net loss widens to Rs 5,905 crore on Rs 22,624 crore revenue
In FY26, Zepto reported operating revenue of Rs 22,623.58 crore and other income of Rs 504.79 crore, against total expenditure of Rs 29,026.75 crore. After exceptional items, the quick-commerce company posted a…
The Story in Brief
In FY26, Zepto reported operating revenue of Rs 22,623.58 crore and other income of Rs 504.79 crore, against total expenditure of Rs 29,026.75 crore. After exceptional items, the quick-commerce company posted a net loss of Rs 5,905.19 crore. The company is set to launch an IPO with a fresh issue of up to Rs 8,010 crore and an offer for sale of 11.35 crore shares. If it lists, Zepto will be India’s first pure-play quick commerce firm on the bourses.
Inc42 reports that Zepto restructured ahead of the IPO, moving from a retailer-licence model to a marketplace structure via Zepto Marketplace Pvt Ltd. The company argues losses stem from new store launches, not mature stores. In contrast, rival Blinkit (owned by Eternal) posted an adjusted EBITDA profit of Rs 37 crore in the March quarter of FY26, raising questions about Zepto’s path to profitability.
The Indian Opinion
The narrative that Zepto’s growth proves quick commerce is sustainable ignores a key fact: Blinkit reported a single-quarter adjusted EBITDA profit of Rs 37 crore in March 2026, while Zepto posted a full-year net loss of Rs 5,905 crore. Public investors will rightly ask how much of that revenue came from discounts that cannot last post-IPO. The real test will be Zepto’s own quarterly disclosures on mature-store profitability, not just store-expansion losses.
Source: inc42.com
This story was synthesised by AI from the source linked above.
