MoneyWorks4Me

Swiggy’s consolidated net loss narrows to Rs 625.53 crore in Q2FY24

03 Dec 2024 Evaluate

Swiggy has reported results for second quarter ended September 30, 2024 (Q2FY25).

The company has reported net loss of Rs 490.88 crore for the quarter ended September 30, 2024 as compared to net loss of Rs 590.76 crore for the same quarter in the previous year. However, total income of the company increased by 35.50% at Rs 2,302.76 crore for Q2FY25 as compared to Rs 1,699.44 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported net loss of Rs 625.53 crore for Q2FY25 as compared to net loss of Rs 657.01 crore for the same quarter in the previous year. However, total income of the company increased by 29.32% at Rs 3,686.27 crore for Q2FY25 as compared to Rs 2,850.53 crore for the corresponding quarter previous year.


Peers
Company Name CMP
Eternal 313.50
Swiggy 238.00
Meesho 218.75
FSN E-Comm. Ventur. 323.20
Brainbees Solutions 174.80
View more..