# Zetwerk FY26 loss jumps fourfold to Rs 1,606 crore

2026-08-14T07:51:23+00:00 | Governance | Indian Opinion Desk

Corroboration: 2 independent outlets

Zetwerk's consolidated net loss widened over fourfold to Rs 1,606 crore in FY26 from Rs 371 crore a year earlier, according to the company's updated draft red herring prospectus. Revenue from continuing operations rose 40% to Rs 15,913 crore. The loss before exceptional items and tax narrowed to Rs 81 crore, and adjusted Ebitda increased 31% to Rs 421 crore, though margin slipped to 2.65% from 2.85%. The Times of India reports that ahead of its proposed IPO, Zetwerk's founders and promoter group have pledged 32.18% of their combined holding, or about 6.6% of total pre-IPO equity, as collateral for borrowings. The pledges were created in September last year. Part of the arrangement will remain after listing, though some shares are being released to meet promoter holding requirements under Sebi rules.

## Coverage

- economictimes.indiatimes.com <https://economictimes.indiatimes.com/tech/startups/zetwerks-fy26-loss-widens-over-fourfold-to-rs-1606-crore-on-one-off-charges/articleshow/133229299.cms>
- timesofindia.indiatimes.com <https://timesofindia.indiatimes.com/city/bengaluru/zetwerk-promoters-pledge-32-of-holding-ahead-of-ipo/articleshow/133245739.cms>

Tags: EBITDA margin, FY26 results, manufacturing platform, startup losses, Zetwerk
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