Swiggy's Financial Performance in FY24 Swiggy has shown strong improvement in its financials for FY24, as revealed in its updated DRHP. The company managed to cut its losses by 43 per cent.

Swiggy posted Rs 2,350 crore in net loss in the last fiscal year (FY24). The online food delivery platform, however, reduced the net loss by 44 per cent, from Rs 4,179 crore in FY23.

This decision comes as Swiggy navigates a period of increased marketing investments and a focus on profitability across its ...