Zepto’s FY25 Loss Rises to ₹3,367 Crore Despite 129% Sales Growth

As per Moneycontrol reports, Zepto, a quick commerce platform, recorded a significant increase in its total sales for FY25 while its losses also expanded notably. This performance highlights the cost-intensive nature of operations in the evolving quick delivery sector. 

Zepto Sees ₹3,367 Crore Net Loss in FY25  

In FY25, Zepto reported a net loss of ₹3,367.3 crore, which marked a 177% rise from ₹1,214.7 crore in FY24. At the same time, the company’s total sales grew 129% to ₹9,668.8 crore, up from ₹4,223.9 crore in the previous year. The growth in revenue came as Zepto scaled its operations, even as increased costs drove higher losses. 

This performance comes in the context of expanding delivery networks, customer incentives, and operational investments as the company sought to capture more market share in quick commerce. 

Revenue Metrics Compared with Competitors 

Zepto’s operational revenue, derived from around 15% to 20% of gross merchandise value (GMV), was estimated between ₹1,495 crore and ₹1,994 crore. In comparison, Blinkit, under Eternal, reported ₹5,206 crore in revenue, while Swiggy posted ₹2,252 crore. 

In terms of operating results, Blinkit had an adjusted EBITDA loss of ₹292 crore, whereas Instamart recorded ₹2,095 crore in adjusted EBITDA losses. Zepto, on the other hand, reported net loss figures at company level, not by segment. 

Read More: Zepto to File DRHP With SEBI Today, But How Does It Stack Up Against Blinkit and Instamart?! 

Board Changes and Compensation Highlights 

Zepto has moved towards public listing by filing its draft IPO papers confidentially on December 26, 2025. In preparation for this, founders Aadit Palicha and Kaivalya Vohra were appointed as whole-time directors, along with CFO Ramesh Bafna, following shareholder approval on December 23. 

For FY25, Palicha and Vohra each earned ₹1.5 crore. Their approved future fixed salaries stand at ₹2.5 crore per annum, with added perquisites capped at ₹10 lakh per month. CFO Bafna received ₹6.85 crore in total remuneration, inclusive of bonuses and long-term incentives. 

Conclusion 

Despite significant growth in sales to ₹9,668.8 crore, Zepto’s net loss rose to ₹3,367.3 crore in FY25 as the company scaled aggressively in a competitive market. The financials align with the broader expansion activities across the sector. 

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