Swiggy said on Tuesday it expects to post positive core earnings by December 2025, helped by the rapid expansion of its quick commerce arm Instamart, after the Indian food and grocery delivery firm posted a smaller quarterly loss.

Swiggy, India’s leading food and grocery delivery platform, reported its second-quarter FY25 results, marking its first financial results since going public. For the period from July to September 2024,

(Reuters) -Indian food and grocery delivery firm Swiggy reported a narrower quarterly loss on Tuesday as the newly listed company saw robust order growth in both its food delivery and quick commerce segments.

Zomato, Swiggy's old rival, had posted a revenue of Rs 4,799 crore and had a profit after tax of Rs 272 crore during the September quarter.

Cash balance as of September 30 at Rs 4,531 crore, raised Rs 4,359 crore via IPO later

Indian food and grocery delivery firm Swiggy reported a narrower quarterly loss on Tuesday as the newly listed company saw robust order growth in both its food delivery and quick commerce segments.

Swiggy’s consolidated adjusted EBITDA loss declined 30 per cent year-on-year (y-o-y) to ₹341 crore in Q2FY25. Overall gross order value (GOV) grew by 30 per cent y-o-y to ₹11,306 crore during the quarter under review.

Food and grocery delivery company Swiggy's operating revenue rose by 30% year-on-year to Rs 3,601 crore for the July-September quarter. The net loss slightly decreased to Rs 625 crore. Swiggy's food delivery continued to achieve industry-best growth,

Swiggy's Food delivery revenue during the quarter grew by 22% on a year-on-year basis and by 4% when compared to the June quarter. The food delivery aggregator remains loss making.