Bengaluru manufacturing platform Zetwerk's Q2 FY27 revenue rises 18.3% to Rs 4,599 crore

Zetwerk reported revenue from operations of Rs 4,599 crore in Q2 FY27, against Rs 3,889 crore in the corresponding quarter last year, an increase of 18.3%. The figures come from its financial statements filed with the NSE.

Net loss widened 43.1% year on year to Rs 88 crore, from Rs 61.5 crore in the same quarter a year earlier. Total income, which includes Rs 54 crore of other income, was Rs 4,653 crore, up from Rs 3,937 crore.

The manufacturing business contributed Rs 2,546.5 crore, or 55.4% of operating revenue, up 14.9% from Rs 2,217 crore in Q2 FY26. The ecosystem business grew 22.8% to Rs 2,053 crore from Rs 1,672 crore.

For the first half of FY27, revenue from operations rose 33.3% to Rs 8,717 crore, compared with Rs 6,539 crore in H1 FY26.

The results come almost a month after the company’s stock market debut on October 23, 2026, when its shares listed at Rs 159.25 on the NSE, a 5.5% premium to the IPO issue price of Rs 151.

Zetwerk was founded in 2017 by Amrit Acharya and Srinath Ramakkrushnan. It runs a technology-led manufacturing platform that connects businesses with manufacturers and suppliers across sectors such as electronics, energy, aerospace, defence and industrial automation.

Total expenses rose 19.6% to Rs 4,689 crore from Rs 3,920 crore.

The company said its manufacturing order book grew 67% year on year in Q2 FY27. It secured new orders worth Rs 4,613 crore during the quarter, up 44%, and order wins in H1 FY27 stood at Rs 7,760 crore, up 48%.

The company said its order book typically converts into revenue over around two years.