Zetwerk, the Bengaluru-based manufacturing platform, pulled in ₹4,599 crore in revenue this quarter, an 18.3% year-on-year jump.
But with rising costs eating into profits, its net loss grew to ₹88 crore from ₹61.5 crore a year ago.
Fresh orders rise 44% to ₹4,613cr
Most of the money came from Zetwerk's core manufacturing business (₹2,546.5 crore) and its ecosystem segment (₹2,053 crore).
At the same time, material costs climbed 16.1% and employee expenses shot up by 51.8%.
Even so, Zetwerk managed to snag fresh orders worth ₹4,613 crore, a huge 44% boost in new business that could set it up for even more growth ahead.