Zepto's Sales Soar 129%, Losses Widen 177% Amidst IPO Push

• Zepto's sales surged 129% to ₹9,668.8 crore in FY25, while net losses increased 177% to ₹3,367.3 crore.
• The quick commerce firm is preparing for an IPO, with DIPO filing expected on December 26, 2025.
• Founders Aadit Palicha, Kaivalya Vohra, and CFO Ramesh Bafna appointed as whole-time directors.
• Competition in India's quick commerce market intensified, leading to increased expansion and customer incentives.
• Zepto's FY25 net loss was 35% of turnover, higher than 29% in FY24, indicating faster loss growth than sales.

Why It Matters: Zepto sees massive sales growth but even higher losses as it gears up for an IPO in a competitive market.