India's Swiggy logs wider first-quarter loss

Swiggy

31/07/2025 11:18

July 31 (Reuters) - Indian food delivery giant Swiggy SWIG.NS posted a wider  first-quarter loss on Thursday, as rising investments in its quick-commerce arm, Instamart, continued to weigh.

Its consolidated net loss widened to 11.97 billion rupees  ($136.68 million) for the quarter ended June 30, from a loss of 6.11 billion rupees a year ago.

($1 = 87.5740 Indian rupees)

 (Reporting by Manvi Pant and Chandini Monnappa; Editing by Mrigank Dhaniwala)

 ((Manvi.Pant@thomsonreuters.com; +918447554364;))