Bengaluru, Feb. 5 -- 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.

The food and grocery delivery platform attributed the decline to increased capital expenditure on warehousing and dark store infrastructure.

This is Swiggy's second quarterly results announcement since its stock market debut in November 2024.

In a regulatory filing, Swiggy stated its expectation to achieve "positive adjusted EBITDA by the third quarter of FY26."

Swiggy's Chief Financial Officer (CFO), Rahul Bothra, attributed the increased net loss to adjusted EBITDA-a combination of food delivery operations and investments in qui...