Blue Tokai Crosses ₹500 Crore Revenue As Business Grows 59% In FY26

Homegrown specialty coffee brand Blue Tokai crossed ₹500 crore in operating revenue for the first time in FY26, recording a 59.4% year-on-year increase to ₹518 crore. Founded by Matt Chitharanjan, Shivam Shahi and Namrata Asthana, the Gurugram-based company has continued to scale its presence in India's growing specialty coffee market.

Coffee and related product sales contributed ₹513 crore to its operating revenue. The company also recorded an increase in EBITDA to ₹23 crore from ₹19.4 crore in FY25. However, its net loss widened 53.7% to ₹83 crore, reflecting the rising costs associated with expansion.The results highlight Blue Tokai's growing business scale while underscoring the challenge of translating rapid revenue growth into sustainable profitability.

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