Swiggy Q3 results: Net loss widens to Rs 799 crore, income rises 30.8%

Swiggy Q3FY25 results: During the same period last year, the food delivery platform had reported a loss of Rs 574.4 crore

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.

 

Swiggy's consolidated total income rose 30.8 per cent to Rs 4,095.8 crore in Q3FY25, compared to Rs 3,130.9 crore reported in Q3FY24.

 

Shares of Swiggy closed at Rs 418.10 on the BSE, down 3.59 per cent per cent before the Q3FY25 financial results were released.