NEW DELHI, June 9: Quick commerce unicorn Zepto reported a widening of net loss to Rs 5,905.19 crore for the full fiscal year 2025-26, from a loss of Rs 4,699.71 crore in the previous fiscal.
Despite mounting annual losses, the company’s revenue from operations more than doubled during the fiscal year, reaching Rs 22,623.58 crore in FY26 compared to Rs 11,109.94 crore in FY25.
For the quarter ended March 31, 2026, Zepto narrowed its net loss to Rs 1,538.67 crore, down from Rs 1,831.91 crore in Q4 FY25.
Quarterly revenue climbed 75.26 per cent to Rs 7,497.64 crore, up from Rs 4,278.06 crore in the corresponding period last year.
Over the entire fiscal year, Zepto processed 64 crore orders, translating to an average of over 17 lakh orders daily.
Q4 FY26 alone accounted for 21 crore total orders at an average of 23.3 lakh per day.
By March 31, 2026, Zepto’s annual transacting users (ATU) had grown by 25 per cent year-over-year to hit 4.79 crore, while the company’s total dark store count stood at 1,139.
The financial details were disclosed in the Bengaluru-headquartered company’s updated draft red herring prospectus (UDRHP), which was filed with the markets regulator Sebi on Monday to raise Rs 8,010 crore through a fresh issue of shares as part of its proposed initial public offering (IPO).
Along with the fresh issue, there will be an Offer for Sale (OFS) of 11.35 crore equity shares by existing shareholders.
Sources familiar with the matter estimate the overall issue size to be around Rs 11,000 crore.
Proceeds from the fresh issue will be channelled into expanding Zepto’s dark store network across new and existing geographies, covering lease rentals for current stores, and investing in cloud and technology infrastructure. The funds will also support marketing initiatives and inorganic growth opportunities.
Upon listing, Zepto will directly battle listed peers, Eternal and Swiggy on the bourses, competing against their respective quick-commerce arms, Blinkit and Instamart.
Originally incorporated as Kiranakart Technologies Pvt Ltd in December 2020, the firm was rebranded to Zepto Pvt Ltd in April 2025 before converting into a public limited company in December 2025. (PTI)
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