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Swiggy Net Loss Nearly Doubles to Rs 1,197 Cr in Q1
The Daily Guardian
|August 01, 2025
Swiggy on Thursday reported widening of its losses on a consolidated basis to Rs 1,197 crore for the June quarter, dragged down by the Rs 896-crore loss from its quick commerce business Instamart.
The company had reported a loss of Rs 611 crore in the year-ago period.
However, its total income increased substantially to Rs 5,048 crore, from Rs 3,310 crore a year ago, the company said in a regulatory filing.
Its expenses shot up to Rs 6,244 crore, from Rs 3,908 crore during the April-June period on a year-on-year basis, it said.
In a letter to shareholders, the company said its food delivery growth has accelerated over the last couple of years.
Dit verhaal komt uit de August 01, 2025-editie van The Daily Guardian.
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