December quarter, Swiggy witnessed a stable increase in topline as well as an increase in expenses, dragging its P&L further in the red.

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’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).

Brokerages have given mixed ratings on the shares of Swiggy Limited. The food and grocery delivery major has announced results for the third quarter of the financial year 2024-25.

Swiggy shares fell 7.43 per cent to hit a low of Rs 387. MOFSL said the increased competition and aggressive dark store expansion have rebased profitability expectations.

Swiggy reported its third quarter (Q3FY25) numbers on February 6, 2025, after market hours. In Q3, the company's consolidated loss widened to Rs 799 crore as compared to Rs 574.4 crore a year-ago period. The company’s consolidated revenue from operations grew 31 per cent year-on-year (Y-o-Y) to Rs 3,993 crore, up from Rs 3,049 crore in Q3FY24.

Today, majors including Swiggy, Info Edge India, Reliance Power, Page Industries, Kansai Nerolac Paints, Gujarat Gas, Welspun Corp, Eveready Industries, Arvind Fashions, Skipper, and several others are releasing their Q3 numbers.

Swiggy stock was under pressure after disappointing Q3 earnings. Analysts flagged growth concerns on the quick commerce vertical.

Food delivery platform Swiggy Ltd on February 5 reported its net loss widened to Rs 799 crore in the quarter ended December 31, 2024. Swiggy's revenue from operations rose 31% to Rs 3,993 crore in Q3FY25 as against Rs 3,049 crore in Q3FY24.