Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Zappfresh FY25 Profit Zooms 94% to INR 9 Crore, Top Line Jumps 45%
Zappfresh, a direct-to-consumer fresh meat and seafood delivery platform, reported an impressive 94% growth in net profit to INR 9 crore in FY25 from INR 4.7 crore in the previous fiscal year. The company's revenue surged by 45% to INR 130.7 crore, crossing the INR 100 crore milestone. The growth is attributed to expanded operations, increased consumer demand, and successful acquisitions like Mumbai-based Bonsaro and Dr Meat in Bangalore. Zappfresh aims to further fuel growth through an upcoming IPO scheduled in September 2025, targeting strategic expansion into international markets including the Middle East and North Africa (MENA) region. This growth trajectory reveals the rising consumer preference for online fresh food purchases and the company’s effective omnichannel approach encompassing online, offline, and B2B channels. Zappfresh’s financial performance highlights the growth potential of digital food retailing in India with a broader footprint and international ambitions.