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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…
