Channel NewsAsia
Channel NewsAsia
AsiaPac · 58 mins ago

India's Swiggy posts a narrower quarterly loss

FILE PHOTO: A gig worker waits to pick an order outside a Swiggy's grocery warehouse at a market area in New Delhi, India, May 6, 2024. REUTERS/Priyanshu Singh/File Photo 30 Jul 2026 06:20PM July 30 : India's Swiggy Ltd on Thursday posted a narrower quarterly loss, buoyed by healthy demand for its food delivery and quick commerce offerings.The Instamart-owner reported a consolidated net loss of 7.91 million rupees ($74,205.69) for the April-June quarter, compared to a net loss of 11.97 billion rupees a year ago.($1 = 95.6800 Indian rupees) Source: Reuters
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