That broader pressure is visible in the filing. Zepto’s average delivery cost per order rose from ₹42.05 in FY24 to ₹45.80 in FY25 and ₹45.74 in FY26, while loss per order moved from ₹84.6 in FY24 to ₹136.1 in FY25 before narrowing to ₹78.8 in FY26. Orders per dark store per day, meanwhile, rose from 1,325 in FY24 to 1,565 in FY25 and 1,677 in FY26, indicating better utilization of the network.
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