Swiggy Q3 results: Net loss widens to Rs 799 crore, revenue rises 31%

Food delivery platform Swiggy on Wednesday reported that its consolidated net loss had widened to Rs 799 crore for the third quarter (Q3) of the financial year 2024-25 (FY25) from Rs 574.4 crore loss reported during the same period last year. In the last quarter, July-September, the company had reported a net loss of Rs 574.4 crore.

Despite the widening losses, the company’s consolidated revenue from operations grew 31 per cent year-on-year (Y-o-Y) to Rs 3,993 crore, up from Rs 3,049 crore in Q3FY24, indicating strong demand in its core business.