BigBasket loss widens 6.7% to Rs 611 crore, revenue up 36% in FY20

The firm, which is soon to be acquired by the Tata Group, saw its total expenses widen 31 per cent from Rs 3,376 crore in FY19 to Rs 4,433 crore in FY20

Supermarket Grocery Supplies, which operates online grocery store BigBasket, reported a consolidated net loss of Rs 611 crore in FY20, a 6.7 per cent rise as compared to the previous financial year at Rs 572 crore. 

According to financial data accessed by business intelligence platform Tofler, the Bengaluru-headquartered company posted a 36 per cent jump in revenue at Rs 3,822 crore in FY20 over the previous financial year. 

BigBasket, which is soon to be acquired by the Tata Group, saw its total expenses widen 31 per cent from Rs 3,376 crore in FY19 to Rs 4,433 crore in FY20. The