Swiggy Q4 earnings: Key takeaways
By
CS Mathew
Swiggy reported a strong increase in top line for the three months ending March, as consolidated operating revenue grew 45% year-on-year to Rs 4,410 crore. However, despite robust sales, losses almost doubled to Rs 1,081.2 crore during the period. Operating losses widened as expenses surged 52% to Rs 5,610 crore compared to the previous year.