Results · Commerce & Consumer Brands
BigBasket losses jump 66% in FY26
By Startup Enthusiast ·

- Date
- Company
- BigBasket
- What it does
- Online grocery delivery platform
- Kind
- Results
What they do
BigBasket operates an online grocery platform with B2C and B2B arms
What happened
Its B2C arm revenue rose 7.7% to Rs 8,223 Cr but loss surged 66% to Rs 3,073 Cr
Why it matters
Losses rose sharply after a complete pivot to quick commerce in August 2024
The details
- BigBasket's B2C arm (Innovative Retail Concepts) reported FY26 revenue of Rs 8,223 Cr, up 7.7% from Rs 7,634 Cr.
- Its loss widened 66% to Rs 3,073 Cr from Rs 1,850 Cr the previous year.
- The B2B arm (Supermarket Grocery Supplies) had flat revenue of Rs 2,298 Cr and an unchanged loss of Rs 102 Cr.
- Combined, the two entities posted revenue of Rs 10,521 Cr (up from Rs 9,861 Cr) and a combined loss of Rs 3,175 Cr.
- Losses rose sharply after BigBasket's complete pivot to quick commerce in August 2024.
- Higher spending on logistics, dark stores, discounts, and customer retention drove the loss increase.
- Tata Digital holds an 84.23% stake in BigBasket since acquiring it in 2021.
The bigger picture
- BigBasket's loss surge contrasts with Blinkit, which reported positive adjusted EBITDA of Rs 102 Cr in Q1 FY27.
- Zepto, another quick commerce rival, had FY26 revenue of Rs 22,624 Cr and a loss of Rs 5,905 Cr.
- Tata Digital's group revenue grew 12% to Rs 35,990 Cr, but its net loss widened to Rs 4,974 Cr.
About the business
- BigBasket is an online grocery delivery platform operating in India.
- It serves customers through a B2C arm (Innovative Retail Concepts) and a B2B arm (Supermarket Grocery Supplies).
- The company pivoted entirely to quick commerce in August 2024, focusing on rapid delivery.
- It operates dark stores and a logistics network to fulfill orders quickly.
Investors
- Tata Digital (existing) — Majority shareholder holding 84.23% stake since 2021.
More on BigBasket
- BigBasket co-founder Hari Menon retires30 September 2026 · People
- BigBasket FY26 loss widens 59% to Rs 3,192 crore22 September 2026 · Results
- Karnataka suspends BigBasket food licence over datura listings25 August 2026 · Policy
- BigBasket weekly active users hit 22.4 million9 July 2026 · Results
- BigBasket launches bbinstant smart stores in Kolkata22 June 2026 · Launch
- BigBasket names Amit Nanda CEO as Menon steps down16 June 2026 · People
- BigBasket cofounders step down as ex-Amazon exec takes over16 June 2026 · Roundup
- BigBasket elevates Seshu Kumar Tirumala as COO4 June 2026 · People
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