Consumer Service
BigBasket’s FY25 Revenue Dips Amid Quick Commerce Competition
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SUMMARY
BigBasket’s B2C arm, Innovative Retail Concepts, saw a 3% drop in turnover to INR 7,673 Cr in FY25 from INR 7,885 Cr in FY24
While BigBasket’s B2B unit, Supermarket Grocery Supplies, saw a sharper 7% fall in revenue to INR 2,227 Cr during the year under review from INR 2,391.8 Cr in FY24
The company is currently facing fierce competition from the likes of Blinkit, Zepto and Swiggy Instamart in the quick commerce space
Tata Digital backed quick commerce platform BigBasket
saw its annual revenue fall in the…
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