Swiggy’s Q3 Loss Zooms 39% YoY To INR 799 Cr

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SUMMARY

Swiggy’s bottom line took a hit as expenses surged 32% YoY and 14% QoQ to INR 4,898.3 Cr in Q3 FY25

Operating revenue zoomed nearly 31% YoY to INR 3,993.1 Cr in Q3 FY25

Despite its net losses deepening, the company said that it recorded a higher YoY growth across all three of its B2C verticals

Foodtech major Swiggy’s consolidated net loss rose 39.1% to INR 799 Cr in the third quarter of the ongoing financial year (FY25) from INR 574.4 Cr in the year-ago quarter. Sequentially, loss increased 27.7% from INR 625.5…



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Swiggy’s Q3 Loss Zooms 39% YoY To INR 799 Cr


SUMMARY

Swiggy’s bottom line took a hit as expenses surged 32% YoY and 14% QoQ to INR 4,898.3 Cr in Q3 FY25

Operating revenue zoomed nearly 31% YoY to INR 3,993.1 Cr in Q3 FY25

Despite its net losses deepening, the company said that it recorded a higher YoY growth across all three of its B2C verticals

Foodtech major Swiggy’s consolidated net loss rose 39.1% to INR 799 Cr in the third quarter of the ongoing financial year (FY25) from INR 574.4 Cr in the year-ago quarter. Sequentially, loss increased 27.7% from INR 625.5…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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