India, May 9 -- Swiggy Instamart's loss widened sharply in Q4 FY25 as the company ramped up marketing spending and dark store expansion amid growing competition in the quick commerce space.

Swiggy Instamart's adjusted EBITDA loss for the period stood at INR 840 Cr, increasing 45.3% from INR 578 Cr in the preceding December quarter. On a year-on-year (YoY) basis, it grew 173.6% from INR 307 Cr.

However, the quick commerce vertical's operating revenue rose 19.5% to INR 689 Cr in Q4 from INR 576.5 Cr in Q3. On a YoY basis, it surged 114.8% from INR 320.7 Cr.

Swiggy Instamart added 316 dark stores in Q4, expanding its network to 1,021 stores at the end of March (up 45% QoQ). The company claimed that its monthly transacting customers grew 4...