Swiggy Q1 Results: Loss widens to Rs 1,197 crore even as revenue soars 53.97% – Here’s why

Swiggy on Thursday released its fiscal first quarter earnings report wherein it widened its loss to Rs 1,197 crore in comparison to a loss of Rs 611 crore recorded during the corresponding quarter of FY25. However, the company recorded revenue from operations at Rs 4,961 crore, posting a growth of 53.97 per cent as against Rs 3,222 crore recorded during the first quarter of previous financial year.