Zetwerk Q2 loss jumps 43% to ₹88 cr despite 18% revenue rise

Zetwerk reported a 43% rise in net loss to ₹88.11 crore in the September quarter, while revenue grew 18% to ₹4,599.36 crore. Higher finance costs and ESOP expenses drove losses up. Post its October 23 listing, the manufacturing platform is winding down its civil infrastructure business and shifting focus to higher-margin products.