Swiggy 2024: Expenses Breakdown (₹ cr)
Advertising expenses was second biggest expense for Swiggy in FY23 as it battles it out with Zomato in foodtech duopoly. Employee salaries and ESOP buybacks were the third and fourth largest expense for the company in the financial year. In fact, their advertising spend has grown by about 28% over FY22.
Swiggy 2024: Expenses Breakdown (₹ cr).
Advertising expenses was second biggest expense for Swiggy in FY23 as it battles it out with Zomato in foodtech duopoly. Employee salaries and ESOP buybacks were the third and fourth largest expense for the company in the financial year. In fact, their advertising spend has grown by about 28% over FY22.
