Gurugram, November 14, 2025: DSM Fresh Foods Limited (BSE: ZAPPFRESH), operating under the brand name Zappfresh, announced a strong set of results for the half year ended September 30, 2025 (H1 FY26). This marks the Company’s first performance declaration post-listing and reflects sustained growth, scale advantages, and disciplined execution in its integrated fresh food supply chain.
DSM Fresh Foods continues to strengthen its leadership in the fresh protein and ready-to-cook category, backed by a tech-enabled sourcing-to-delivery model and a loyal, high-frequency customer base across key metros.
Performance Highlights – H1FY26 (In INR crore)
| Metric | H1 FY26 | H1 FY25 | YoY Growth (%) |
| Revenue from Operations | 95.85 | 66.92 | +43% |
| Gross Profit | 32.17 | 19.18 | +68% |
| EBITDA | 14.92 | 5.18 | +188% |
| PAT | 7.03 | 2.44 | +188% |
Business Highlights – H1FY26
- Sustained revenue growth of 43% (YoY) along with focus on profitability improvement.
- Strengthening of supply chain and deepening partnership with HORECA clients.
- Increase in working capital cycle due to extended credit to key B2B clients aimed at supporting sales momentum.
- Comfortable leverage position to support future growth.
Commenting on the performance, Deepanshu Manchanda, Founder & CEO, DSM Fresh Foods, said: “This is our first result post-listing, and it reinforces the confidence the market placed in us. The numbers clearly reflect the strength of our model — a profitable, digitally native, high-frequency food business. Delivering 43% revenue growth and nearly tripling EBITDA and PAT within a year underscores the scalability of our integrated supply chain and the loyalty of our customer base.”
“What gives us even more conviction is the momentum we’ve seen through the year: H1 FY26 revenue is already 73% of the previous full-year number, and we have matched FY25’s entire PBT within just six months of FY26. Such performance so early in our listing journey demonstrates sharp execution, improved fulfilment efficiency, and disciplined cost management across the chain.”
He further added, “The fresh meat and ready-to-cook market in India is formalising rapidly. Consumers are choosing clean, hygienic, trustworthy brands — and Zappfresh stands right at the centre of this shift. With our strengthened cold-chain backbone, category-driven strategy, and expanding metro presence, we remain committed to sustainable, profitable, and long-term value creation for our shareholders who have backed us in this new chapter as a listed company.”
