India, Sept. 18 -- Amid bid to expand its quick commerce play, Tata Digital-owned BigBasket has plunged deeper into losses.

For the fiscal year FY25, the net losses of BigBasket parent entity Supermarket Grocery Supplies Pvt Ltd surpassed the INR 2,000 Cr mark. The company's filings with the MCA reveal that its consolidated net loss surged 42% to INR 2,006.8 Cr from INR 1,415.2 in the previous financial year.

Its operating revenue for the fiscal declined 2% to INR 9,866.7 from INR 10,062 Cr in FY24. BigBasket's B2C arm, Innovative Retail Concepts Pvt Ltd, contributed a majority of INR 7,673 C to the company's top line. While the subsidiary's operating revenue dipped 3% YoY, its losses swelled 47% YoY to INR 1,851 Cr in the fiscal.

Mean...