Swiggy financial report Archives - India Podcast https://indiapodcast.com/tag/swiggy-financial-report/ Audio-Video-Text Fri, 01 Aug 2025 05:49:01 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://indiapodcast.com/wp-content/uploads/2026/05/cropped-favicon-32x32.png Swiggy financial report Archives - India Podcast https://indiapodcast.com/tag/swiggy-financial-report/ 32 32 Swiggy Loss Doubles, Quick Commerce Drives Majority https://indiapodcast.com/swiggy-loss-doubles-quick-commerce-drives-majority/ Fri, 01 Aug 2025 05:49:01 +0000 https://www.indiapodcast.com/?p=2983 Swiggy reported a net loss of ₹1,197 crore in the first quarter of the current financial year, nearly double the ₹611 crore loss in the same period last year. However, its revenue grew from ₹3,310 crore to ₹5,048 crore. The company’s expenses, including delivery, advertising, employee benefits, and logistics for quick commerce, rose from ₹3,908 […]

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]]> Swiggy reported a net loss of ₹1,197 crore in the first quarter of the current financial year, nearly double the ₹611 crore loss in the same period last year. However, its revenue grew from ₹3,310 crore to ₹5,048 crore.

The company’s expenses, including delivery, advertising, employee benefits, and logistics for quick commerce, rose from ₹3,908 crore to ₹6,244 crore.

Segment-wise, Swiggy’s food delivery division earned a profit of ₹202 crore with revenue of ₹1,799 crore. In contrast, its quick commerce arm Instamart recorded a loss of ₹797 crore on revenue of ₹806 crore. The supply chain and distribution segment also posted a ₹47 crore loss.

CEO Sriharsha Majeti attributed the losses to heavy investments in other segments for long-term sustainable growth. Meanwhile, competitor Zomato’s parent company Eternal reported a ₹25 crore profit with ₹7,167 crore revenue in the same quarter.

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