Swiggy Q3 Results: Loss widens to Rs 799.08 cr; food delivery margin expansion balanced by investment in Q-commerce

Food delivery company Swiggy on Wednesday released its fiscal third quarter earnings report wherein it recorded a widened loss of Rs 799.08 crore in comparison to a loss of Rs 574.38 crore recorded during the corresponding quarter of FY24. It posted revenue from operations at Rs 3993.07 crore, up 30.98 per cent as against Rs 3048.69 crore reported during the third quarter of previous financial year. The company recorded EBITDA loss of Rs 725 crore vs loss of Rs 525 crore YoY.