Swiggy reported a 54 percent increase in operating revenue to Rs 6,148 crore for the third quarter of this financial year, while its net loss widened 33 percent to Rs 1,065 crore. Instamart, continued to be a drag on profitability as operating losses for the unit widened after one quarter of dip – coming in at Rs 908 crore, up 57 percent year-on-year.Swiggy reported a 54 percent increase in operating revenue to Rs 6,148 crore for the third quarter of this financial year, while its net loss widened 33 percent to Rs 1,065 crore. Instamart, continued to be a drag on profitability as operating losses for the unit widened after one quarter of dip – coming in at Rs 908 crore, up 57 percent year-on-year.
Swiggy Q3 loss widens on Instamart burn; revenue grows 54%
