Swiggy's Q3 loss widens to Rs 799 cr

Wed, 05 February 2025

17:14

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

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