IPO-Bound Zetwerk's FY26 Loss Widens To Rs.1,606.2 Cr Despite 40% Uptick In Revenue
India, Aug. 15 -- In the run up to its initial public offering (IPO), contract manufacturer Zetwerk's net loss widened 333% to Rs.1,606.2 Cr in the fiscal year 2025-26 (FY26) compared to Rs.370.7 Cr loss incurred in the previous fiscal.
The net loss included an exceptional loss from continuing operations of Rs.835.8 Cr and Rs.453 Cr impairment from its discontinued operations.
The company's restated loss, excluding exceptional items and tax from continuing operations, stood at Rs.41.1 Cr, down about 31% from previous fiscal year's Rs.59.8 Cr.
Meanwhile, operating revenue for the fiscal jumped 40.4% to Rs.15,913.3 Cr from Rs.11,331.9 Cr in FY25. Including other income of Rs.187.3 Cr, total income for the fiscal stood at Rs.16,100.6 Cr, ...
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