BigBasket loss widens to Rs 611 cr in FY20 even as revenue rose 37.7%
By
Biju Kumar
Supermarket Grocery Supplies (SGS), which operates e-grocery platform BigBasket, has seen its consolidated losses widen to Rs 611 crore, even as revenue from operations increased 37.7 per cent to Rs 3,794.1 crore in FY20.
As per regulatory documents filed with the Corporate Affairs Ministry, SGS had registered a loss of Rs 572.1 crore and revenue of Rs 2,754.1 crore in FY19 on a consolidated basis.