New Delhi, Feb. 5 -- Swiggy reported a net loss of Rs.800 crore in the October December quarter of fiscal 2024-25 (Q3FY25). The food delivery giant's revenue rose 31 per cent in the quarter. The revenue for quick commerce and food delivery businesses also rose during the quarter.
Sriharsha Majety, MD & Group CEO, Swiggy, said "We continued our focus on creating segmented offerings for the consumer during the festive quarter, which we believe will open up more consumption occasions. In recent months, we've introduced Bolt and Snacc (10-minute food delivery), expanded into new categories within Quick-Commerce, and plan to offer an even greater assortment."
"We've also launched Swiggy Scenes focused on restaurant event reservations; and in...
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