Swiggy Q2 loss narrows to Rs 625.53 crore, revenue up 30.33% YoY; Instamart, Bolt see strong traction

Food delivery company Swiggy on Tuesday released its fiscal second quarter earnings report with a loss at Rs 625.53 crore, down from Rs 657.01 crore recorded during the same period of previous financial year. It posted revenue from operations at Rs 3601.45 crore, reporting a growth of 30.33 per cent as against Rs 2763.33 crore recorded during the second quarter of FY24. The company EBITDA loss stood at Rs 555 crore vs loss of Rs 624 crore YoY.