India, July 24 -- Tata Digital backed quick commerce platform BigBasket saw its annual revenue fall in the financial year ending March 2025, amid the intense competition in the segment.

According to Tata Sons' annual report, BigBasket's B2C arm, Innovative Retail Concepts, saw a 3% drop in turnover to INR 7,673 Cr in FY25 from INR 7,885 Cr in FY24. Its net loss also increased 46% to INR 1,851 Cr from INR 1,267 Cr in the previous year.

BigBasket's B2B unit, Supermarket Grocery Supplies, saw a sharper 7% fall in revenue to INR 2,227 Cr during the year under review from INR 2,391.8 Cr in FY24. However, its net loss also declined 20.2% to INR 102.2 Cr in FY25 from INR 128.1 Cr in the previous fiscal year.

Founded in 2011, BigBasket began a...