Licious posts 47% revenue rise to ₹1,166cr, eyes ₹1,800cr FY27
NewsBytes | April 1, 2026 8:40 PM CST
Licious plans 10 micro markets FY27
The Bengaluru-based company wants to launch 10 new micro markets in FY27 and eventually reach 120 across the top seven cities. They're also expanding their dark store network from 130 to 400 locations.
Online sales shot up by 28% to ₹1,000 crore in FY26 thanks to faster deliveries, while offline sales jumped from ₹26 crore in FY25 to ₹177 crore in FY26 with over 60 outlets helping build customer trust, even though they reported an EBITDA burn of ₹187 crore in FY26 (fiscal year ended March 2026).
The bright side? A whopping 94% of its business came from repeat purchases who seem pretty loyal.
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