Zetwerk Manufacturing Businesses Ltd reported a 33% year-on-year increase in revenue from operations to Rs 8,717 crore for the first half of FY27, with gross profit rising 42% to Rs 1,187 crore and adjusted Ebitda up 69% to Rs 274 crore. The company's manufacturing order book reached an all-time high of Rs 14,595 crore, up 67% year-on-year, and repeat customers contributed 83% of first-half revenue, according to co-founder and CEO Amrit Acharya.
In Q2FY27, revenue grew 18% year-on-year to Rs 4,599 crore. Net loss figures varied across reports: inc42 and entrackr put the net loss at Rs 88 crore, while cnbctv18 reported a net loss of Rs 68.5 crore. Business Standard reported a net loss of Rs 88 crore, narrowing 88% sequentially from Rs 733 crore in Q1FY27. The company said adjusted profit before tax turned positive at Rs 28 crore in the quarter.
All four outlets reported Zetwerk's revenue and order book growth, but the net loss figure varied: inc42 and entrackr said Rs 88 crore, cnbctv18 said Rs 68.5 crore, while Business Standard also said Rs 88 crore. The discrepancy likely stems from cnbctv18 excluding discontinued operations. The coverage is otherwise uniform, with each outlet leading on the top-line growth and order book strength. The key takeaway is that while operating metrics improved, rising expenses pushed the net loss higher year-on-year, a point entrackr emphasised by detailing cost increases.
Coverage: 4 sources, 2 neutral, 2 sensationalist
Sources (4): business-standard.com (neutral report), cnbctv18.com (sensationalist), inc42.com (sensationalist), entrackr.com (neutral report)
This brief was synthesised by AI from the 4 sources linked above, so one read covers every framing they carry. Methodology and corrections.