Swiggy cuts losses marginally in Q2

Food and grocery delivery platform Swiggy Ltd has marginally narrowed its consolidated net loss in the second quarter of financial year 2024-25 to Rs 625.53 crore from Rs 657 crore a year ago. However, sequentially, the loss increased as the firm had reported a consolidated loss of Rs 611 crore in the first quarter of FY25.

Total income rose sharply to Rs 3,686.26 crore in the September quarter as against Rs 2,850.52 crore a year ago.