Tech
Swiggy Instamart’s Q4 Adjusted EBITDA Loss Widens 45% To INR 840 Cr
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SUMMARY
Swiggy Instamart’s adjusted EBITDA loss for the period stood at INR 840 Cr, increasing 45.3% from INR 578 Cr in the preceding December quarter
The quick commerce vertical’s operating revenue rose 19.5% to INR 689 Cr in Q4 from INR 576.5 Cr in Q3
Swiggy Instamart added 316 dark stores in Q4, expanding its network to 1,021 stores at the end of March (up 45% QoQ)
Swiggy
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