Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Swiggy posts Rs 4,410 Cr revenue in Q4 FY25, Instamart grows 115%
Swiggy posted ₹4,410 crore revenue in Q4 FY25, with its quick commerce vertical Instamart growing 115% YoY. The food delivery giant's consolidated losses narrowed to ₹480 crore as it achieved EBITDA positivity in core business. Instamart now contributes 38% of revenue, surpassing food delivery growth rates. Swiggy expanded its dark store network to 85 cities while reducing delivery times to 19 minutes average. The company plans to invest ₹1,200 crore in FY26 to strengthen supply chain and private labels. These results demonstrate successful diversification beyond food delivery, though competition with Zepto and Blinkit remains intense in the capital-intensive quick commerce space.