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Food delivery firm Swiggy reports a doubled net loss despite a 45% revenue surge in Q4 FY25.
Food delivery company Swiggy reported a nearly doubled net loss of Rs 1,081 crore in Q4 FY25, up from Rs 554 crore in the previous year, due to increased spending in its quick commerce division, Instamart.
Despite the loss, Swiggy's revenue surged by 45% to Rs 4,410 crore, and its food delivery business' Gross Order Value grew 17.6% to Rs 7,347 crore.
Instamart's GOV grew 101%, but the segment remains unprofitable.
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La empresa de entrega de alimentos Swiggy informa una pérdida neta duplicada a pesar de un aumento de ingresos del 45% en el cuarto trimestre del año fiscal 25.