Curefoods revenue grows 23% YoY, Rebel Foods' revenue up 20%

Curefoods and Rebel Foods, both operating cloud kitchens and restaurant chains, both reported significant year-on-year growth in their operating revenues for the 2026 fiscal year. Curefoods' operating revenue surged 23% YoY to Rs 916 crore in FY26, up from Rs 746 crore in the previous year, while Rebel Foods' revenue grew 20.7% YoY to Rs 1,952 crore, up from Rs 1,617 crore in the prior fiscal.

Curefoods, which has recently halted its IPO plans, saw its net loss increase 13% YoY to Rs 192 crore in FY26, from Rs 170 crore in the previous year. The company's expenses rose 19.4% YoY to Rs 1,127 crore in FY26, primarily due to material costs, employee benefits, and depreciation and amortisation expenses. Curefoods operates over 500 kitchens across 70 cities and recently acquired pan-Indian rights for Krispy Kreme, expanding its reach into offline food services.

Rebel Foods also experienced a notable growth in its operating revenue, with a 20% YoY increase to Rs 1,952 crore in FY26. Its net loss narrowed 16% YoY to Rs 282 crore, and total expenses grew 14% to Rs 2,266 crore, again driven by material costs, employee benefits, and depreciation expenses. The company operates brands such as Faasos, Behrouz Biryani, Oven Story, and Sweet Truth across 10 countries.