Loss Surges 74% YoY To INR 1,092 Cr

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SUMMARY

The foodtech major’s net loss for the period zoomed 74.4% YoY and 9% QoQ to INR 1,092 Cr in Q2 FY25′

Operating revenue soared 54% YoY and 12% QoQ to INR 5,561 Cr in Q2 FY26

Total expenses zoomed 56% YoY to INR 6,711 Cr

Swiggy continued to bleed heavily in the second quarter of FY26. The foodtech major’s net loss for the period zoomed 74.4% to INR 1,092 Cr from INR 626 Cr in Q2 FY25. On a sequential basis, the company managed to trim its loss by 9% from INR 1,197…



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Loss Surges 74% YoY To INR 1,092 Cr


SUMMARY

The foodtech major’s net loss for the period zoomed 74.4% YoY and 9% QoQ to INR 1,092 Cr in Q2 FY25′

Operating revenue soared 54% YoY and 12% QoQ to INR 5,561 Cr in Q2 FY26

Total expenses zoomed 56% YoY to INR 6,711 Cr

Swiggy continued to bleed heavily in the second quarter of FY26. The foodtech major’s net loss for the period zoomed 74.4% to INR 1,092 Cr from INR 626 Cr in Q2 FY25. On a sequential basis, the company managed to trim its loss by 9% from INR 1,197…



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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