The stock dropped below its IPO price of Rs 390 in the previous session, ending the day with a 7% loss. Although revenue rose by 31% YoY, Swiggy's Q3 loss grew to Rs 799 crore.

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.

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 7.4% to a 52-week low of Rs 385.25 following a consolidated loss report of Rs 799 crore for the December quarter, despite a 31% rise in revenue. Analysts have mixed outlooks; UBS maintains a 'Buy' rating,

Swiggy share price fell 7.4% after reporting a third-quarter loss of ₹799.08 crore. Total expenses increased significantly, but revenue rose to ₹3,993.06 crore, indicating growth amid competitive pressures and investments in quick-commerce.

BENGALURU: Food delivery platform Swiggy's revenue rose 31% to Rs 40,958 crore in Dec quarter compared to same period last year. However, its net loss widened to Rs 799 crore, compared to Rs 574 crore in the year-ago period.

Swiggy reported a wider consolidated net loss of Rs 799 crore for the third quarter of FY25 (Q3FY25), compared to Rs 574.4 crore in the same period last year, reported Business Standard.