Swiggy Q3 results: Net loss widens to Rs 799 crore, GOV grows 38%
By
Binu Mathew
Swiggy on Wednesday reported widening of its consolidated net loss to Rs 799 crore for the third quarter of the financial year 2024-25 (Q3FY25) from Rs 574.4 crore a year-ago period, a slippage which the food and grocery delivery platform attributed to a rise in capex on warehousing and dark store infrastructure.
It was Swiggy’s second quarterly results post its stock market debut in November 2024.