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. 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. "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.
(PTI)
Notifications
Settings
Clear Notifications
No New Notifications
Notifications
Use the toggle to switch on notifications
Block for 8 hours
Block for 12 hours
Block for 24 hours
Don't block
To start receiving timely alerts, as shown below click on the Green “lock” icon next to the address bar
Click it and Unblock the Notifications
Close X
Close X
To Start receiving timely alerts please follow the below steps:
Click on the Menu icon of the browser, it opens up a list of options.
Click on the “Options ”, it opens up the settings page,
Here click on the “Privacy & Security” options listed on the left hand side of the page.
Scroll down the page to the “Permission” section .
Here click on the “Settings” tab of the Notification option.
A pop up will open with all listed sites, select the option “ALLOW“, for the respective site under the status head to allow the notification.
Once the changes is done, click on the “Save Changes” option to save the changes.
Click it and Unblock the Notifications
Sign in with Google