India, July 31 -- Foodtech major Swiggy saw its loss rise for yet another quarter in Q1 FY26 as it continued to invest to expand its quick commerce operations. The company's net loss zoomed 96% to INR 1,197 Cr in the June quarter from INR 611 Cr in the year-ago quarter. On a sequential basis, the company's loss grew 11% from INR 1,081 Cr.
However, Swiggy's top line saw strong growth. Operating revenue surged 54% to INR 4,961 Cr in Q1 FY26 from INR 3,222 Cr in the year-ago period. On a QoQ basis, this marked a 12% increase from INR 4,410 Cr.
Including other income of INR 87 Cr, the company's total income for the quarter zoomed 53% YoY to INR 5,048 Cr.
Meanwhile, expenses zoomed 60% on a YoY basis. Total expenditure stood at INR 6,244 Cr...
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