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Swiggy Q3 net loss widens to Rs 799 crore
Swiggy's Q3 loss widens by 39% as quick commerce expenses pile up
December quarter, Swiggy witnessed a stable increase in topline as well as an increase in expenses, dragging its P&L further in the red.
Swiggy Q3 Results: Net loss widens to ₹800 crore, revenue up 31% YoY; Quick comm revenue surges 114% YoY
Results: The newly listed food aggregator’s revenue from operations in the third quarter of the current fiscal rose 31 per cent to ₹3,993 crore, compared to ₹3,049 crore in the year-ago period.
Swiggy Q3 results: Net loss widens to Rs 799 crore, GOV grows 38%
Swiggy’s gross order value (GOV) grew 38 per cent Y-o-Y to Rs 12,165 crore. The company said the consolidated adjusted (Ebitda) loss reduced by 2 per cent Y-o-Y to Rs 490 crore but rose Rs 149 crore quarter-on-quarter (Q-o-Q).
2d
Swiggy Q3 Results FY25 Live Updates: Swiggy posts Rs 799 crore loss in Q3 FY25; revenue at Rs 3,993 crore
Swiggy, the leading food delivery and quick commerce platform, is expected to experience a sequential rise in revenue during ...
1d
Swiggy hits 52-week low on mixed Q3 nos; most brokerages cut target price
Swiggy reported its third quarter (Q3FY25) numbers on February 6, 2025, after market hours. In Q3, the company's consolidated ...
ndtvprofit
1d
Swiggy Q3 Review: Quick Commerce Remains Pain Point As Competition Intensifies
UBS maintained a 'Buy' rating on Swiggy stock with a target price of Rs 510, while Macquarie maintained an 'Underperform' ...
7h
on MSN
Swiggy shares fall another 2% to hit new low. Will it hit Macquarie target price of Rs 325?
The stock dropped below its IPO price of Rs 390 in the previous session, ending the day with a 7% loss. Although revenue rose ...
inc42
1d
Swiggy Instamart’s Q3 Margins Hit By Rising Competition In Quick Commerce
Swiggy Instamart’s contribution margin dropped to -4.6% during the quarter under review (Q3 FY25) from -1.9% in the preceding ...
The Financial Express
21h
Swiggy, Zomato face rising costs amid slowing growing in food delivery biz
FY25, Zomato’s Blinkit was near break-even, but in Q3, its adjusted Ebitda margins slipped to -1%. Swiggy Instamart’s margins ...
1d
on MSN
Swiggy management confident of EBITDA profitability by Q3 FY26
Swiggy aims for EBITDA profitability by Q3 FY26, driven by food delivery growth and quick commerce breakeven. The quick ...
18h
Swiggy Instamart’s delivery on order value, take rate trail Zomato, Blinkit
Investors in quick commerce must be prepared for the long haul. However, even patient investors face a tough choice between Swiggy and Zomato.
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