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Corrected: India's Swiggy posts a narrower quarterly loss

CORRECTED-India's Swiggy posts a narrower quarterly loss

Corrects paragraph 2 to say loss for the quarter is 7.91 billion rupees, not 7.91 million rupees

- India's Swiggy Ltd SWIG.NS on Thursday posted a narrower quarterly loss, buoyed by healthy demand for its food delivery and quick commerce offerings.

The Instamart-owner reported a consolidated net loss of 7.91 billion rupees ($82.67 million) for the April-June quarter, compared to a net loss of 11.97 billion rupees a year ago.



($1 = 95.6800 Indian rupees)


(Reporting by Saikeerthi and Urvi Dugar in Bengaluru)

((Saikeerthi@thomsonreuters.com; (+91) 8296756080))

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