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Zepto revenue soars 2.5x to Rs 11,110 Cr in FY25

EntrackrEntrackr · 7m ago
Zepto revenue soars 2.5x to Rs 11,110 Cr in FY25
Medial

Zepto revenue soars 2.5x to Rs 11,110 Cr in FY25 Quick commerce unicorn Zepto clocked Rs 11,110 crore (nearly $1.3 billion) in turnover in FY25, a sharp 150% jump from Rs 4,454 crore in FY24, according to regulatory filings reviewed by Entrackr. Zepto’s FY25 performance comes on the back of aggressive execution and disciplined expansion. According to earlier Aadit Palicha’s post, the company was at $3 billion in annualized gross order value (GOV) and halved its losses over the last year. In FY24, Zepto incurred losses of Rs 1,248 crore on revenue of Rs 4,454 crore. That means the startup spent Rs 1.29 to earn every Rs 1 of revenue in FY24, a figure it has reportedly improved in FY25 with better unit economics, higher fill rates, and stronger contribution margins. We are not comparing Zepto's FY25 numbers with Instamart and Blinkit due to differences in their business models and accounting practices. However, the NOV (net order value) of Blinkit stood at Rs 22,731 crore in FY25, while Swiggy’s quick commerce biz Instamart GOV was recorded at Rs 14,600 crore in the same period. Zepto's founder Aadit Palicha did not comment on the story. As per a recent report, Zepto is in talks to raise $500 million at a potential $7 billion valuation, a significant jump from its previous valuation of $5 billion when it raised $350 million in November 2024. The fresh round is expected to bolster Zepto’s runway ahead of a potential IPO in 2026, as the company pushes toward EBITDA break-even in the next 12–15 months.

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Zepto raises fresh funds from Elcid Investment at $2.26 Bn valuation

EntrackrEntrackr · 7m ago
Zepto raises fresh funds from Elcid Investment at $2.26 Bn valuation
Medial

Zepto raises fresh funds from Elcid Investment at $2.26 Bn valuation Quick commerce platform Zepto raised Rs 7.5 crore from Elcid Investment at a valuation of Rs 19,231 crore ($2.26 billion), according to its stock exchange filing. This investment comes at a time when Zepto is reportedly in talks to raise $500 million at a valuation of $7 billion led by existing backers General Catalyst, Avenir and others. As per the filing, Elcid Investment is set to acquire 22,55,639 equity shares of Zepto at a price of Rs 33.23 per share, translating to a 0.039% equity stake in the company. According to Entrackr’s estimates, Zepto is now valued at Rs 19,231 crore (approximately $2.26 billion), reflecting a 50% drop from its previous $5 billion valuation during its $340 million fundraise in August last year. Zepto’s total turnover surged 2.5X to Rs 11,110 crore in FY25, up from Rs 4,454.5 crore in FY24. In FY23, the company reported a turnover of Rs 2,024.4 crore, marking a consistent doubling of revenue each fiscal year. Zepto recently completed its shift in domicile from Singapore to India as part of its preparations for a public listing, which has now reportedly been deferred to FY26. Zepto competes with other major quick commerce platforms, including Eternal-owned Blinkit, which reported Rs 2,400 crore in revenue for Q1 FY26, surpassing Eternal’s food delivery business. Meanwhile, rival Swiggy Instamart is yet to file its Q1 FY26 financials.

Nykaa posts Rs 33 Cr profit on Rs 2,346 Cr revenue in Q2 FY26

EntrackrEntrackr · 3m ago
Nykaa posts Rs 33 Cr profit on Rs 2,346 Cr revenue in Q2 FY26
Medial

Nykaa posts Rs 33 Cr profit on Rs 2,346 Cr revenue in Q2 FY26 Online beauty and fashion platform Nykaa has continued its strong growth in Q2 FY26, with its revenue from operations rising 25% year-on-year and profits surging 2.5X during the quarter ending September 2025. According to its financial statements sourced from the National Stock Exchange (NSE), Nykaa's revenue from operations grew to Rs 2,346 crore in Q2 FY26, compared to Rs 1,875 crore in Q2 FY25. On a half yearly basis, Nykaa’s operating revenue increased 24% to Rs 4,501 crore in H1 FY26 from Rs 3,621 crore in H1 FY25. The beauty segment accounted for 91% of the total revenue at Rs 2,132 crore, while the fashion segment contributed 8.7% of the operating income in the Q2 FY25. For Nykaa, the cost of materials constituted 56% of its total expenditure, rising to Rs 1,292 crore in Q2 FY26. Additional spending on employee benefits, finance, marketing, technology, and other overheads brought the company’s total costs to Rs 2,297 crore during the quarter. Steady growth in its scale helped Nykaa achieve 2.5X increase in profit to Rs 33 crore in Q2 FY26, compared to Rs 13 crore in Q2 FY25. For the six months ended September 2025, the company’s profit doubled to Rs 57 crore in H1 FY26 from Rs 27 crore in H1 FY25. At the close of today's trading session, Nykaa's stock was priced at Rs 246, giving the company a market capitalization of Rs 70,375 crore ($8 billion).

Nykaa posts Rs 2,873 Cr revenue in Q3 FY26; profit jumps 2.5X

EntrackrEntrackr · 19d ago
Nykaa posts Rs 2,873 Cr revenue in Q3 FY26; profit jumps 2.5X
Medial

Nykaa posts Rs 2,873 Cr revenue in Q3 FY26; profit jumps 2.5X Online beauty and fashion platform Nykaa reported strong growth in Q3 FY26. Revenue from operations rose 27% year on year, while profit jumped 2.5X in the quarter ended December 2025. According to its financial statements sourced from the National Stock Exchange (NSE), Nykaa's revenue from operations grew to Rs 2,873 crore in Q3 FY26, compared to Rs 2,267 crore in Q3 FY25. For the nine-month period, Nykaa’s operating revenue increased 25% to Rs 7,374 crore from Rs 5,888 crore, a year earlier. The beauty segment accounted for 91% of the total revenue at Rs 2,622 crore, while the fashion segment contributed 8% of the operating income in Q3 FY25. For the Falguni Nayar-led firm, the cost of materials constituted 57% of its total expenditure, rising to Rs 1,576 crore in Q3 FY26. Additional spending on employee benefits, finance, marketing, technology, and other overheads brought the company’s total costs to Rs 2,753 crore during the quarter. Steady growth in its scale helped Nykaa achieve a 2.5X increase in profit to Rs 68 crore in Q3 FY26, compared to Rs 27 crore in Q3 FY25. On a sequential basis, the company’s profit increased 101% from Rs 33 crore in Q2 FY26. At the close of today's trading session, Nykaa's stock was priced at Rs 261.5, giving the firm a market cap of Rs 74,844 crore (approximately $8 billion). Nykaa’s Q3 FY26 results show steady revenue growth and improving profitability. Higher scale helped absorb costs better, leading to a sharp rise in profit both year-on-year and sequentially. The continued dominance of the beauty segment provides stability to the business, while margins appear to be strengthening as the company grows. Overall, the numbers point to better operating efficiency as Nykaa expands.

Dezerv reports Rs 66 Cr revenue in FY25, employee costs climb to Rs 111 Cr

EntrackrEntrackr · 23d ago
Dezerv reports Rs 66 Cr revenue in FY25, employee costs climb to Rs 111 Cr
Medial

Following a 2.5X growth in FY24, wealthtech platform Dezerv achieved a similar scale in FY25. Despite the aggressive expansion, the company’s losses widened during the year and crossed the Rs 100 crore mark in FY25. Dezerv’s revenue from operations grew 2.5X to Rs 66 crore in FY25 from Rs 26 crore in FY24, according to its consolidated financial statements sourced from the Registrar of Companies (RoC). Dezerv offers portfolio management services (PMS) to top tier working professionals and affluent individuals with expert advice, direct bonds, and angel investment opportunities in startups. Fees and commission income accounted for 67% of the operating revenue, which spiked nearly 4X to Rs 44 crore in FY25. Interest income surged more than 4X to Rs 16.8 crore during the year. However, net gains on fair value changes declined 55% to Rs 4.8 crore in the period. Employee benefit expenses remained the largest cost head for Dezerv, accounting for 62% of the total cost. This expense increased 76% to Rs 111 crore in FY25 from Rs 63 crore in FY24. Advertising and marketing expenses rose 67% to Rs 30 crore, while software expenses jumped 220% to Rs 8 crore during the last fiscal year. Depreciation costs increased to Rs 6 crore while legal and professional charges declined to Rs 3 crore in FY25. Overall, the firm’s total expenses grew 76% to Rs 178 crore in FY25 from Rs 101 crore in FY24. Higher spending pushed Dezerv’s losses up by 49% to Rs 112 crore in FY25. Its ROCE and EBITDA margin stood at -39.36% and -159.09%, respectively. On a unit basis, the company spent Rs 2.70 to earn a rupee in FY25. The Bengaluru-based firm reported cash and bank balances of Rs 204 crore, while its current assets stood at Rs 267 crore as of March 2025. According to startup data intelligence platform TheKredible, Dezerv has raised around $100 million in funding to date, including the recent $40 million round from its lead investors Accel and Premji Invest. Dezerv competes with players such as Zerodha, Upstox, and Wealthdesk. In FY25, Zerodha being a bootstrapped company reported revenue of Rs 8,847 crore with a profit of Rs 4,237 crore, while Upstox has raised over $200 million and posted flat revenue in FY25 at Rs 3,902 crore in FY25.

Nykaa posts Rs 2,267 Cr revenue in Q3 FY25, profit soars 52%

EntrackrEntrackr · 1y ago
Nykaa posts Rs 2,267 Cr revenue in Q3 FY25, profit soars 52%
Medial

Nykaa posts Rs 2,267 Cr revenue in Q3 FY25, profit soars 52% Online beauty and fashion platform Nykaa reported strong growth in Q3 FY25, with its revenue from operations rising 26.8% year-on-year and profits surging 51.7% during the quarter ending December 2024. According to its unaudited consolidated financial statements sourced from the NSE, Nykaa's revenue from operations grew to Rs 2,267 crore in Q3 FY25, compared to Rs 1,789 crore in Q3 FY24. The beauty segment accounted for 90.9% of the total revenue at Rs 2,060 crore, while the fashion segment contributed 8.8% of the operating income in the last quarter. For Nykaa, the cost of materials constituted 57.2% of its total expenditure, rising to Rs 1,276 crore in Q3 FY25. Additional spending on employee benefits, finance, marketing, technology, and other overheads brought the company’s total costs to Rs 2,228 crore during the quarter. Steady growth in its scale helped Nykaa achieve a 51.7% increase in profit, reaching Rs 26.4 crore in Q3 FY25, compared to Rs 17.4 crore in Q3 FY24. Nykaa has acquired a majority stake in Earth Rhythm, following its initial minority investment in the company in 2022. This move was achieved through a combination of primary and secondary transactions. Additionally, Nykaa increased its stake in its subsidiary Dot & Key to 90% with an additional investment of Rs 265.3 crore. As of 4:10 PM, Nykaa’s shares are trading at Rs 170.5, giving the Mumbai-based company a market cap of Rs 48,739 crore ($5.8 billion).

Nykaa profit soars 80% to Rs 24.5 Cr in Q1 FY26

EntrackrEntrackr · 6m ago
Nykaa profit soars 80% to Rs 24.5 Cr in Q1 FY26
Medial

Online beauty and fashion platform Nykaa reported strong growth in Q1 FY26, with its revenue from operations rising 23% year-on-year and profits surging nearly 80% during the quarter ending June 2026. According to its financial statements sourced from the National Stock Exchange (NSE), Nykaa's revenue from operations grew to Rs 2,155 crore in Q1 FY26, compared to Rs 1,746 crore in Q1 FY25. On a quarter-on-quarter basis, Nykaa’s operating revenue increased 5% to Rs 2,155 crore in Q1 FY26 from Rs 2,061 crore in Q4 FY25. The beauty segment accounted for 92% of the total revenue at Rs 1,975 crore, while the fashion segment contributed 8% of the operating income in the Q1 FY25. For Nykaa, the cost of materials constituted 56% of its total expenditure, rising to Rs 1,193 crore in Q1 FY26. Additional spending on employee benefits, finance, marketing, technology, and other overheads brought the company’s total costs to Rs 2,120 crore during the quarter. Steady growth in its scale helped Nykaa achieve nearly 80% increase in profit to Rs 24.5 crore in Q1 FY26, compared to Rs 13.64 crore in Q1 FY25. The Nykaa board has approved acquiring the remaining 40% stake in Nudge Wellness for Rs 0.15 crore, making it a wholly owned subsidiary. It has also approved additional share purchases in Earth Rhythm, increasing its stake to 75.83%. At the close of today's trading session, Nykaa's stock was priced at Rs 205.7, giving the company a market capitalization of Rs 58,828 crore (approx $6.7 billion).

Ecozen’s profit nears Rs 100 Cr in FY25; revenue jumps 2.5X

EntrackrEntrackr · 1m ago
Ecozen’s profit nears Rs 100 Cr in FY25;  revenue jumps 2.5X
Medial

Ecozen, a climate-tech firm focused on solar-powered cold chain and irrigation solutions, delivered a strong financial performance in FY25, recording 2.5x year-on-year growth. Moreover, the company’s profits surged nearly fivefold during the same period. Ecozen’s revenue from operations rose 2.5X to Rs 1,150 crore in FY25 from Rs 458 crore in FY24, according to its consolidated annual financial statements filed with the Registrar of Companies (RoC). Ecozen provides climate smart solutions built on core technology stacks such as motor controls, IoT, and energy storage, leveraging solar power. The company’s key products include Ecotron (solar pump controller), Ecofrost (solar cold storage), solar AC, solar panels. The sale of solar and related products accounted for 77% of its collections, which rose 2.3x to Rs 889 crore in FY25. The rest of the income came from the installation of a solar pumping system and other services; this revenue rose by 23% to Rs 261 crore during FY25. On the expense front, the cost of materials remained the largest cost element, forming 64% of the total spend. This cost surged 2X to Rs 662.5 crore in FY25 from. Contract costs ballooned over 3X to Rs 169 crore, while employee benefit expenses grew 58% to Rs 49 crore during the year. After sales service expense, warranty claim expense, and other overheads climbed to Rs 118 crore during FY25. Overall, total expense spiked 2.4x to Rs 1,038 crore in FY25 from Rs 439.5 crore in FY24. With the 2.5X growth in FY25, the profits for the Pune-based firm shot up by nearly 5x to Rs 95 crore in FY25 from Rs 20 crore in FY24. During the previous fiscal, its ROCE and EBITDA margin improved to 28.92% and 13.17%, respectively. On a unit level, Ecozen spent Rs 0.90 to earn a rupee in FY25. The company’s current assets were worth Rs 831 crore at the end of FY25, including cash and bank balances of Rs 228 crore, up from Rs 96 crore in FY24. According to TheKredible, Ecozen has raised over $76 million to date through a mix of debt and equity. Nuveen Global and Omnivore are the company’s lead investors. The company is in the process of raising Rs 95 crore (approximately $10.7 million) in debt funding from Momentum Capedge Limited.

FirstCry parent records Rs 2,424 Cr revenue in Q3 FY26, loss spikes 2.5X

EntrackrEntrackr · 11d ago
FirstCry parent records Rs 2,424 Cr revenue in Q3 FY26, loss spikes 2.5X
Medial

FirstCry parent records Rs 2,424 Cr revenue in Q3 FY26, loss spikes 2.5X Brainbees Solutions, the parent of kids-focused omnichannel retailer FirstCry, reported a 12% year-on-year rise in revenue and a 2.5X spike in its losses for the quarter ending December 2025. FirstCry's revenue from operations grew to Rs 2,424 crore in Q3 FY26 from Rs 2,172 crore in Q3 FY25, its unaudited financial statements sourced from the National Stock Exchange (NSE) show. The sale of its products through offline stores and websites in India and the international market was the primary source of revenue, accounting for nearly 79% of total operating revenue, while its subsidiary, GlobalBees, contributed Rs 515 crore. The company also made Rs 56 crore from interest income which took its overall revenue to Rs 2,480 crore in Q3 FY26, compared to Rs 2,216 crore in Q3 FY25. For the Pune-based company, the cost of procurement of materials accounted for 64% of the overall expenditure which increased 15% year-on-year to Rs 1,580 crore in Q3 FY26 from Rs 1,369 crore in Q3 FY25. FirstCry’s employee benefits stood at Rs 197 crore in Q3 FY26 which includes Rs 57 crore as ESOP cost. The marketing, legal, rent, and technology were other overheads that pushed the overall expenditure to Rs 2,469 crore in Q3 FY26. FirstCry’s losses increased by 153% to Rs 38 crore in Q3 FY26 from Rs 15 crore in Q3 FY25. For the nine months ended December 2025, the company’s loss remained flat at Rs 154 crore from Rs 153 crore. At the end of today’s trading session, FirstCry’s share price stood at Rs 270 per share, with a total market capitalization of Rs 14,096 crore (approximately $1.5 billion).

Info Edge posts Rs 722 Cr revenue in Q3 FY25; profit jumps 2.5X

EntrackrEntrackr · 1y ago
Info Edge posts Rs 722 Cr revenue in Q3 FY25; profit jumps 2.5X
Medial

Info Edge posts Rs 722 Cr revenue in Q3 FY25; profit jumps 2.5X Info Edge, the parent company of Naukri and 99acres, released its unaudited financial results for Q3 FY25. According to the company’s update sourced from the National Stock Exchange (NSE), revenue from operations grew by 15.2% to Rs 722 crore in Q3 FY25 from Rs 627 crore in Q3 FY24. The company recorded Rs 2,100 crore in revenue during the first nine months of FY25, with profits reaching Rs 632 crore. Info Edge derives the majority of its revenue—73%—from Naukri.com, which contributed Rs 527 crore in Q3 FY25, marking a 12.3% year-on-year growth compared to Q3 FY24. Meanwhile, revenue from 99 acres reached Rs 104 crore, while the Jeevansathi and Shiksha segments collectively generated Rs 91 crore during the same quarter. The company added another Rs 187 crore from interest on deposits and investments, which pushed its overall revenue to Rs 9,094 crore in Q3 FY25, compared to Rs 660 crore in Q3 FY24. Info Edge spent 62.6% of its overall expenditure on employee benefits, which increased by a modest 9.7% year-on-year to Rs 305 crore in Q3 FY25. Its advertising and internet costs stood at Rs 82 crore and 20 crore, respectively. The company’s overall cost grew 7% YoY to Rs 487 crore in Q3 FY25 from Rs 455 crore in Q3 FY24. The steady growth and surge in other income with controlled expenditure led its profits to increase by 142% to Rs 288 crore in Q3 FY25, compared to Rs 119 crore in Q3 FY24. On a unit level, it spent Rs 0.67 to earn a rupee in Q3 FY25. As of 4:40 PM, Info Edge is trading at Rs 7,910, reflecting a Rs 203.1 increase following today's results. Its total market capitalization value improved to Rs 1,02,501 crore ($12.2 billion).

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