Swiggy's net operating revenue drops 26.5% YoY to ₹2,547 cr in FY21

Swiggy's net operating revenue drops 26.5% YoY to ₹2,547 cr in FY21

• By Staff Writer

Swiggy's parent company Bundl Technologies reported a 26.5% YoY drop in its net operating revenue from ₹3,468 crores in FY20 to ₹2,547 crores in FY21. The company reported a net loss of ₹1,314 crores in FY21, a 65% YoY decrease, while its total expenses stood at ₹3,310 crores. Swiggy's employee benefits expense stood at ₹935 crores.