Food and grocery delivery firm Swiggy has marginally narrowed its consolidated net loss in the second quarter of financial year 2025 (Q2FY25) to â¹625.5 crore from â¹657 crore a year ago. But sequentially, the loss was up as the firm had reported a consolidated loss of â¹611 crore in the first quarter of FY25.
Swiggy, which made its trading debut on November 13âover three years after its nearest rival Zomato got listedâsaw robust growth in its food delivery as well as quick commerce verticals during the quarter under review. But it is still way behind its rival Zomato, which recently reported a sharp 389 per cent jump in consolidated net profit to â¹176 crore in Q2FY25.
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