New Delhi, Jan 2 (PTI) Food and grocery delivery platform Swiggy has reported a widening of its net loss to Rs 3,628.9 crore for FY22.
The company had posted a net loss of Rs 1,616.9 crore in the previous fiscal.
Also Read | Audi Witnesses Sales Jump of 27.14% Accounting to 4,187 Units in 2022.
According to the financial data accessed by the business intelligence platform Tofler, the company's revenue from operations stood at Rs 5,704.9 crore for the fiscal ended March 2022 against Rs 2,546.9 crore in the year-ago period.
As per the Director's report filed by the company with the Registrar of Companies, its total revenue grew more than two-fold to Rs 6,119.8 crore during the fiscal under review from Rs 2,675.9 crore a year ago.
Also Read | Internet User Alert: Never Search on These Things on Internet in 2023, As You Might Land in Trouble.
"We continued to focus on growth post-business recovery from COVID, particularly on the expansion of our quick commerce offering, we saw our revenues improve 2.3× in FY22," the filing by the company to the RoC stated.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)













Quickly


