Online food delivery platform Swiggy's net losses expanded to reach Rs 4,179 crore in the financial year ended March 31, 2023.
The IPO-bound Swiggy’s operating revenue jumped around 45 per cent to Rs 8,264 crore in FY23 from Rs 5,704 crore in FY22.
The Invesco-backed company incurred a net loss of Rs 4,179.3 crore in FY23, an increase of around 15 per cent from Rs 3,628.9 crore in the previous fiscal year.
Additionally, the cost of employee benefits climbed by 25 per ...
IPO-bound Swiggy`s losses widen to Rs 4,179 cr in FY23, revenue up 45%