Swiggy Q4: Losses double to Rs 1,081 crore despite 45% revenue growth

May 10, 2025

, By The Economic Times

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Food delivery platform rel=”dofollow” href=”https://economictimes.indiatimes.com/swiggy-ltd/stocks/companyid-2232501.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>Swiggy nearly doubled its losses in the fourth quarter to Rs 1,081 crore, compared with Rs 554 crore in the same period last year. Meanwhile, revenue from operations rose 45% year-on-year to Rs 4,410 crore.Swiggy’s losses widened primarily due to aggressive spending on its quick commerce delivery business, Instamart, as competition from rivals Blinkit and Zepto intensified. The company ramped up investments in customer acquisition, dark store expansion, and marketing to defend its market share, leading to higher operating…

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Swiggy Q4: Losses double to Rs 1,081 crore despite 45% revenue growth

May 10, 2025

, Published By The Economic Times

Food delivery platform rel=”dofollow” href=”https://economictimes.indiatimes.com/swiggy-ltd/stocks/companyid-2232501.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>Swiggy nearly doubled its losses in the fourth quarter to Rs 1,081 crore, compared with Rs 554 crore in the same period last year. Meanwhile, revenue from operations rose 45% year-on-year to Rs 4,410 crore.Swiggy’s losses widened primarily due to aggressive spending on its quick commerce delivery business, Instamart, as competition from rivals Blinkit and Zepto intensified. The company ramped up investments in customer acquisition, dark store expansion, and marketing to defend its market share, leading to higher operating…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

India’s Drone Warfare: From Reconnaissance to Combat and Surveillance with Global Hawk, Heron 1, and HAROP

Next News

From AI avatars to virtual reality crime scenes, courts are grappling with AI in the justice system

The Economic Times

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