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SUMMARY
Swiggy’s adjusted EBITDA for its out of home consumption business improved to -1% in Q3 FY25
The company said that Dineout reached breakeven in the month of December 2024, in a statement
The loss from out of home consumption vertical declined over 82% to INR 8.17 Cr in the December quarter of FY25 from INR 46.44 in Q3 FY24
Foodtech major Swiggy’s ‘out-of-home consumption’ business, which includes Dineout and SteppinOut, is at the cusp of breaking even, with its adjusted EBITDA improving to -1% in the third…
