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Swiggy's Q3 loss widens to Rs 799 cr

February 05, 2025

Food and grocery delivery major Swiggy on Wednesday reported widening of consolidated loss to Rs 799.08 crore for the third quarter ended December 2024. The company had incurred a net loss of Rs 574.38 crore in the year-ago period. 

Total expenses surged to Rs 4,898.27 crore from Rs 3,700 crore in October-December FY24. Revenue from operations also increased to Rs 3,993.06 crore from Rs 3,048.69 crore, a regulatory filing said. Notably, Swiggy's overall Gross Order Value (GOV) grew 38 per cent year-on-year (YoY) to Rs 12,165 crore. -- PTI