BigBasket narrows to 40 cities as FY26 loss widens 66% to ₹3,073 crore

Tata-backed BigBasket is rationalising its network from 76 markets to about 40 profitable cities while building 700+ large-format dark stores. The move aims to lift order density and improve economics as its quick-commerce share is estimated at 5%, behind Blinkit, Zepto and Instamart.

— Filed Sun, 2 Aug, 2026, 23:19 IST · Source Financial Express · BrandWagon · Updated

BigBasket’s FY26 loss widened 66% to Rs 3,073 crore as its quick-commerce pivot lagged rivals. Tata-backed BigBasket is shrinking to about 40 profitable cities and expanding large dark stores to improve order density, economics and its estimated 5% market share.

Why this matters

The retrenchment follows BigBasket’s early-2023 offline grocery expansion, including Bengaluru stores and a Hyderabad pilot, signalling a shift from reach-building to profitability and dense fulfilment.

Retail-company signals are accelerating, up +223483% QoQ.