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Swiggy delivers no surprise: Revenue rises, loss widens
October 31, 2025
|Financial Express Lucknow
NET LOSS WIDENS 74% TO 71,092 CR, REVENUE UP 54% TO %5,561 CR
SWIGGY'S JULY-SEPTEMBER QUARTER numbers paint a familiar picture of high growth shadowed by widening losses.
The food and grocery delivery major reported a net loss of %1,092 crore during the period, 74.4% higher year-on-year from %626 crore, even as revenue surged 54% to $5,561 crore. It managed to narrow its loss sequentially by nearly 9% from the previous quarter’s 1,197 crore, but Instamart’s expansion weighed heavily on margins. The net loss was higher than Bloomberg consensus estimate of 917 crore.
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