Swiggy Q4 net loss widens to Rs 1,081 crore
Its total income rose by 44 per cent y-o-y to Rs 4,531 crore as against Rs 3,143 crore in the same quarter last year.
The platform's Gross Order Value (GOV) rose about 40 per cent y-o-y to Rs 12,888 crore. Its consolidated adjusted EBITDA loss increased to Rs 732 crore due to significant growth investments in quick commerce.
Sriharsha Majety, MD & Group CEO, Swiggy, said, 'FY25 was a year of many firsts for Swiggy. We launched multiple new apps, across Instamart, Snacc and recently, Pyng; all of which are aimed at opening up new user segments and markets. Our Food delivery engine delivered best-ever results across innovation and execution, driving category-leading growth and rising profitability in lockstep."
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