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Online food delivery platform Swiggy has suffered a loss of Rs 626 crore (consolidated net loss) in the second quarter of the financial year 2024-25. The company had suffered a loss of Rs 657 crore in the same quarter last year. The company's loss has reduced by 4.72% on an annual basis.
The company, listed on November 13, released its results for the second quarter of financial year 2024-25 on Tuesday, December 3. Revenue increased by 30.33% to Rs 3601 crore in the July-September quarter. The company had generated revenue of Rs 2763 crore in July-September 2023-24. Earnings from selling goods and services are called revenue.
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Also read this news related to the result..
Food delivery company Zomato's profit increased by 388%: increased from Rs 36 crore to Rs 176 crore, revenue increased by 68% in the July-September quarter.
Food delivery company Zomato's profit in the July-September quarter has increased by 388% on an annual basis to Rs 176 crore. The company's consolidated net profit in the same quarter a year ago was Rs 36 crore.
Zomato released its results for the second quarter of financial year 2024-25 on Tuesday, October 22. The company's revenue in the second quarter increased by 68.50% to Rs 4,799 crore. Revenue in the same quarter a year ago was Rs 2,848 crore.
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