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Swiggy Q1 losses double as q-comm war heats up
Financial Express Ahmedabad
|August 01, 2025
Swiggy reported a bigger-than-expected net loss of ₹1,197 crore for the June quarter, compared to ₹611 crore a year earlier.
FOOD DELIVERY GIANT Consensus estimates on Bloomberg had pegged losses at ₹932 crore. Consolidated revenue from operations, however, jumped 54% year-on-year to ₹4,961 crore, surpassing analysts' estimates of ₹4,879 crore.
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