Zepto Posts Q4 FY26 Results: Revenue Up 86% YoY, Adjusted EBITDA Loss Narrows to ₹128 Crore

Quick-commerce platform Zepto reported Q4 FY26 revenue of ₹3,420 crore, an 86% YoY increase, with adjusted EBITDA loss narrowing 61% to ₹128 crore as the company prepares for an IPO filing in H2 FY27.
Key Facts
| Detail | Value |
|---|---|
| Deal size | ₹128 |
| Stage | IPO |
| Headquarters | Mumbai, India |
| Sector | Zepto |
| Coverage | Startup News |
Mumbai-based Zepto reported Q4 FY26 (Jan–Mar 2026) results showing accelerating revenue growth and sharply narrower losses ahead of its expected IPO filing later this fiscal year.
Headline Numbers
What Drove the Quarter
IPO Timeline
Founder and CEO Aadit Palicha told analysts on the call that Zepto plans to file its DRHP in Q3 FY27, targeting a public listing in early calendar 2027. The company has appointed Kotak, Morgan Stanley and Goldman Sachs as lead bankers.
Why It Matters
Zepto's print confirms the broader quick-commerce thesis: with disciplined pricing and a meaningful private-label and ads revenue mix, the category can move toward profitability without sacrificing growth. The next 2–3 quarters will determine the valuation band the market is willing to underwrite at IPO.
Reported by Ananya Raghavan. Spotted an error in this story? Request a correction or email corrections@startupory.com. See our editorial policy.
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