IPO-Bound Zetwerk’s FY26 Loss Widens To ₹1,606.2 Cr Despite 40% Uptick In Revenue
In the run up to its initial public offering (IPO), contract manufacturer Zetwerk’s net loss widened 333% to ₹1,606.2 Cr…
As Zetwerk prepares for its initial public offering, the contract manufacturer's net loss for fiscal year 2025-26 widened significantly to ₹1,606.2 crore, marking a 333% increase from the ₹370.7 crore loss in the previous fiscal. This loss included an exceptional ₹835.8 crore from ongoing operations and a ₹453 crore impairment from discontinued operations. Adjusted EBITDA for the year improved by 30.6% to ₹421.3 crore, up from ₹322.6 crore the year before.
While revenue surged 40.4% to ₹15,913.3 crore, the company's manufacturing segment contributed the largest portion at ₹9,374.7 crore. Managed marketplace and digital trade platform generated the remainder at ₹6,538.6 crore. The "Civil Infrastructure Works" business was classified as a discontinued operation after the board approved its sale, expected to conclude within 12 months. Zetwerk operates manufacturing facilities in India, the US, Germany, and Spain, serving over 1,800 customers across various sectors.
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