Mumbai, Jan 29 (IANS) Food delivery and quick commerce company Swiggy on Thursday reported a wider consolidated net loss of Rs 1,065 crore for the third quarter (Q3) of FY26, compared with a loss of Rs 799 crore in the same period last financial year (Q3 FY25).Despite the higher loss on a year-on-year basis, the company posted strong revenue growth, driven mainly by its food delivery and quick commerce businesses.Swiggy’s revenue from operations rose sharply by 54 per cent year-on-year (YoY) t…
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Mumbai, Dec 26 (IANS) Quick commerce company Zepto saw its losses widen significantly in the financial year 2024–25 (FY25) even as its sales more than doubled.According to the company’s audited financial statements, Zepto reported total sales of Rs 9,668.8 crore in FY25, a sharp jump of 129 per cent from Rs 4,223.9 crore in FY24.However, its net loss expanded much faster, rising 177 per cent year-on-year (YoY) to Rs 3,367.3 crore, compared with a loss of Rs 1,214.7 crore in the previous year…