Licious revenue up 47% in FY26
Bengaluru-based meat and seafood delivery company Licious closed FY26 with net revenue of Rs 1,166 crore, up 47% from Rs 795 crore in FY25, according to a company statement. EBITDA losses, however, rose to Rs 187 crore from Rs 168 crore in FY25. As a share of revenue, the burn rate fell by 5.2 percentage points.
Online sales crossed Rs 1,000 crore during the year, growing 28% from Rs 770 crore in FY25. Offline revenue jumped from Rs 26 crore to Rs 177 crore as the company expanded its outlet count to over 60. The company has set an overall revenue target of Rs 1,800 crore for FY27.
