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Swiggy reports doubled net losses to ₹1,197 crore but sees revenue surge by 54% in Q1 2025-26.
Swiggy, a food and grocery delivery company, reported a significant increase in net losses to ₹1,197 crore for the first quarter of 2025-26, nearly doubling from the previous year.
Despite the losses, the company saw a strong revenue growth of 54% to ₹4,961 crore.
The quick commerce division, Instamart, contributed significantly to the increased losses, with its financial strain rising sharply.
Food delivery revenue increased by nearly 20%, while quick commerce revenue more than doubled.
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Swiggy informa que duplicó las pérdidas netas a ₹1,197 crore, pero ve un aumento de los ingresos del 54% en el primer trimestre de 2025-26.