Quick commerce platform Zepto delivered strong top-line growth in FY26, with revenue more than doubling year-on-year, even as rising operating costs and aggressive expansion efforts led to a significant increase in losses.
According to the company’s updated IPO filings, revenue from operations climbed to ₹22,624 crore in FY26, compared to ₹11,110 crore in the previous financial year. The growth highlights Zepto’s rapid scale-up in India’s highly competitive quick commerce market and strengthens its position among the country’s fastest-growing consumer technology companies.
Despite the revenue surge, the company reported a net loss of ₹5,905 crore, up 26% from the previous year. The increase reflects continued investments in infrastructure, customer acquisition, and operational capabilities as Zepto expands its footprint across cities.
Product sales remained the company’s primary source of income, contributing nearly four-fifths of total operating revenue. At the same time, newer business streams gained momentum. Advertising revenue grew 2.5 times to ₹1,636 crore, while earnings from warehousing, logistics, and related services more than doubled to ₹2,780 crore, indicating a broader monetisation strategy beyond grocery delivery.
On the expenditure front, procurement costs remained the largest outlay, while delivery and fulfilment expenses rose sharply amid increasing order volumes. Employee expenses and marketing investments also grew significantly as the company focused on scaling operations and strengthening brand visibility.
As of March 2026, Zepto operated over 1,139 dark stores nationwide and processed more than 1.75 million orders daily. The company now offers a catalogue of over 46,000 products and is preparing for a planned IPO aimed at raising ₹8,010 crore.
