Zepto FY24 report: revenue more than doubles to Rs 4,454 crore; net loss marginally down

Zepto's FY24 audited financials reveal 120% revenue growth to Rs 4,454 crore, with losses narrowing to -28% of revenue. The quick commerce platform, audited by a Big 4 firm, aims for near-term profitability and will launch a standalone app for its Cafe service next week, targeting Rs 1,000 crore ARR.