Zepto's updated DRHP: ₹22,624 cr revenue, ₹5,905 cr loss as cash burn deepens ahead of ₹8,010 cr IPO

Zepto's FY26 numbers in the refiled DRHP show revenue scaling to ₹22,624 cr but losses widening to ₹5,905 cr with negative FCF of ₹4,329 cr. The company operates 1,139 dark stores across 66 cities, with ad revenue at ₹1,636 cr and cash reserves of ₹5,680 cr. Co-founders also face ED summons.

— Source publishedWed, 10 Jun, 2026, 18:41 IST·First seen Wed, 10 Jun, 2026, 18:51 IST·Source Forbes India

What happened

Zepto's updated DRHP reveals FY26 revenue of Rs22,624 cr but losses widened to Rs5,905 cr with negative free cash flow of Rs4,329 cr. Co-founders received ED

Key facts

  • Rs8,010 crore fresh issue
  • Revenue Rs22,624 cr FY26
  • Loss Rs5,905 cr FY26
  • Negative FCF Rs4,329 cr FY26
  • 1,139 dark stores in 66 cities
  • Ad revenue Rs1,636 cr FY26
  • Cash Rs5,680 cr

Why this matters

Zepto's deepening burn and regulatory scrutiny create a window for strategic players to pursue partnerships or stake acquisitions before IPO pricing locks in expectations.