Swiggy reports that its first-quarter performance shows improved losses alongside higher revenue. NDTV says the company’s earnings before interest, taxes, depreciation and amortisation (EBITDA) loss narrows, indicating pressure on the operational front decreases during the quarter. Times of India reports that Swiggy cuts its Q1 loss by 34% to Rs 791 crore, citing a reduction in overall losses compared with the prior period.
Both outlets point to revenue growth as a key change in the quarter. NDTV states that revenue jumps 37%, suggesting stronger top-line momentum. Together, the reports indicate Swiggy is managing costs or improving operating efficiency enough to reduce both its net loss and EBITDA loss, even as revenue expands. The coverage focuses on the extent of the loss reduction and the scale of revenue growth, with attention on operational metrics such as EBITDA, and on the reported net loss figure for the quarter.
