Swiggy Reports Increased Loss Despite Revenue Surge

Swiggy, the food and e-commerce delivery giant and owner of Instamart, has announced a considerable expansion in its quarterly losses. For the quarter ending June 30, 2025, the company reported a consolidated loss of Rs 1,197 crore, nearly double compared to Rs 611 crore a year earlier.

This increase in loss comes amid a substantial rise in total income, which climbed to Rs 5,048 crore from Rs 3,310 crore during the same quarter of the previous year. The surge in revenue failed to offset climbing expenses, which grew sharply to Rs 6,244 crore against Rs 3,908 crore.

In financial markets, Swiggy's scrip managed to close positively at Rs 403.80 on the Bombay Stock Exchange, registering a 0.62% uptick from its previous closing price, indicative of some investor confidence despite financial challenges.

(With inputs from agencies.)