Zepto Q4 Revenue Crosses Rs 7,500 Crore Mark, Up 75% YoY

Quick commerce company Zepto reported a 75.3 percent year-on-year jump in revenue from operations to Rs 7,497.64 crore in the fourth quarter (January–March) of FY26, compared to Rs 4,278.06 crore in the same period last year, highlighting the continued momentum in India's rapidly expanding instant delivery market.

For the full fiscal year FY26, the company's operating revenue more than doubled to Rs 22,623.58 crore from Rs 11,109.94 crore in FY25. While Zepto narrowed its quarterly net loss to Rs 1,538.67 crore in Q4 FY26 from Rs 1,831.91 crore a year earlier, its annual loss widened to Rs 5,905.19 crore compared with Rs 4,699.71 crore in FY25, according to the updated draft red herring prospectus (UDRHP) filed with market regulator Sebi for its proposed initial public offering (IPO).

Originally incorporated as Kiranakart Technologies Pvt Ltd in December 2020, the company was renamed Zepto Pvt Ltd in April 2025 before converting into a public limited company in December 2025 as it advanced preparations for its proposed public listing.

Quick commerce company Zepto reported a 75.3 per cent year-on-year jump in revenue from operations to Rs 7,497.64 crore in the fourth quarter of FY26, compared to Rs 4,278.06 crore in the same period last year, highlighting the continued momentum in India's rapidly expanding instant delivery market.

For the full fiscal year FY26, the company's operating revenue more than doubled to Rs 22,623.58 crore from Rs 11,109.94 crore in FY25. While Zepto narrowed its quarterly net loss to Rs 1,538.67 crore in Q4 FY26 from Rs 1,831.91 crore a year earlier, its annual loss widened to Rs 5,905.19 crore compared with Rs 4,699.71 crore in FY25, according to the updated draft red herring prospectus (UDRHP) filed with market regulator Sebi for its proposed initial public offering (IPO).

As part of its IPO plans, Zepto has filed updated draft papers with Sebi to raise Rs 8,010 crore through a fresh issue of shares. The offering will also include an offer for sale (OFS) of 11.35 crore equity shares by existing shareholders.

According to people familiar with the matter, the overall IPO size is estimated at around Rs 11,000 crore with the company expected to hit the capital markets in July. Upon listing, Zepto will join Eternal and Swiggy on the stock exchanges, intensifying competition with their quick-commerce businesses, Blinkit and Instamart.

The company intends to utilise the proceeds from the fresh issue to expand its dark store footprint across existing and new markets, fund lease rentals for current facilities, invest in technology and cloud infrastructure, support marketing initiatives, pursue inorganic growth opportunities and meet general corporate requirements, as outlined in the draft papers.

Originally incorporated as Kiranakart Technologies Pvt Ltd in December 2020, the company was renamed Zepto Pvt Ltd in April 2025 before converting into a public limited company in December 2025 as it advanced preparations for its proposed public listing.