The Free Press Journal

BigBasket loss widens to Rs 611 cr in fiscal 2020 as revenues rise 38%

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Supermarke­t Grocer y Supplies (SGS), which operates e-grocer y 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 regulator y documents filed with the Corporate Affairs Ministr y, SGS had registered a loss of Rs 572.1 crore and revenue of Rs 2,754.1 crore in FY19 on a consolidat­ed basis.

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