India's Swiggy reports narrower sequential loss on strong quick commerce growth

Swiggy

30/10/2025 10:39

Oct 30 (Reuters) - India's Swiggy reported a second-quarter loss that narrowed sequentially as strong growth in its quick commerce arm, Instamart, partly offset the impact of still-high investments in the business.

     The company report consolidated loss of 10.92 billion Indian rupees ($124.24 million) in the three months ended September 30, compared to 11.97 billion rupees in the first quarter.

However, the loss was wider than the year-ago quarter's 6.26 billion rupees.

($1 = 87.8950 Indian rupees)

 (Reporting by Ananta Agarwal in Bengaluru; Editing by Janane Venkatraman)

 ((Ananta.agarwal@thomsonreuters.com;))