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

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Food and grocery delivery platform Swiggy saw its net loss almost double to Rs 1,081 crore during the January-March quarter, as it aggressively expanded its quick commerce network in the period, adding nearly four dark stores per day.Growth in quick commerce also pushed the company’s consolidated operating revenue, which rose 45% year-on-year (YoY) to Rs 4,410 crore.

Founder and group CEO Sriharsha Majety pointed out that investments made by Swiggy in the 10-minute grocery delivery business Instamart peaked during the fourth quarter of fiscal 2025,…



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


Food and grocery delivery platform Swiggy saw its net loss almost double to Rs 1,081 crore during the January-March quarter, as it aggressively expanded its quick commerce network in the period, adding nearly four dark stores per day.Growth in quick commerce also pushed the company’s consolidated operating revenue, which rose 45% year-on-year (YoY) to Rs 4,410 crore.

Founder and group CEO Sriharsha Majety pointed out that investments made by Swiggy in the 10-minute grocery delivery business Instamart peaked during the fourth quarter of fiscal 2025,…



Source link

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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