Swiggy’s Q4 loss widens to Rs 1,081 crore amid heavy quick...

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Swiggy’s Q4 loss widens to Rs 1,081 crore amid heavy quick commerce investment

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Swiggy's net loss nearly doubled to Rs 1,081.18 crore in the March quarter due to heavy investments in Instamart, despite a 45% revenue jump to Rs 4,410 crore. The core food delivery business saw a 17.6% GOV increase, and Instamart's average order value grew by 13.3%. Swiggy is focused on growth and unparalleled convenience to consumers.

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