{"id":951630,"date":"2025-08-01T07:56:27","date_gmt":"2025-08-01T02:26:27","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=951630"},"modified":"2025-08-01T08:03:56","modified_gmt":"2025-08-01T02:33:56","slug":"swiggys-q1-losses-double-to-rs-1197-crore-revenue-rises-54","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/08\/01\/swiggys-q1-losses-double-to-rs-1197-crore-revenue-rises-54\/","title":{"rendered":"Swiggy&#8217;s Q1 losses double to Rs 1,197 crore, revenue rises 54%"},"content":{"rendered":"<p>Food and grocery delivery company Swiggy on Thursday reported another quarter of steep net loss and the second consecutive three-month period of cash burn over Rs 1,000 crore amid heightened quick commerce competition even as the company itself slowed down on dark store expansion. <\/p>\n<p>For the April-June period, Swiggy&#8217;s net loss doubled year-on-year to Rs 1,197 crore, while it spent Rs 1,053 crore of cash on a net basis, after accounting for operating, investing, and financing activities. The Bengaluru-based company&#8217;s operating revenue for the quarter increased 54% to Rs 4,961 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Food and grocery delivery company Swiggy on Thursday reported another quarter of steep net loss and the second consecutive three-month period of cash burn over Rs 1,000 crore amid heightened quick commerce competition even as the company itself slowed down on dark store expansion. For the April-June period, Swiggy&#8217;s net loss doubled year-on-year to Rs 1,197 crore, while it spent Rs 1,053 crore of cash on a net basis, after accounting for operating, investing, and financing activities. The Bengaluru-based company&#8217;s operating revenue for the quarter increased 54% to Rs 4,961 crore.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-951630","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/951630","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=951630"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/951630\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=951630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=951630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=951630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}