Quick commerce and food delivery player Swiggy saw its losses surge by 39% year-on-year (YoY) in Q3 FY25, bogged down by rapid expansion in the hotly contested quick commerce segment, along with a ...
Swiggy share price fell 7.4% after announcing a consolidated loss of ₹799.08 crore for Q3 2024, up from ₹574.38 crore last year.(Pixabay) Sriharsha Majety, the MD & Group CEO of Swiggy ...
Shares of Swiggy plunged 8 per cent before closing 7 per cent lower on Thursday on reporting ₹799 crore loss in the quarter ended December 2024 as against ₹574.3 crore in the corresponding ...
In FD, we estimate Swiggy to have gained market share of ~30bps on GOV basis and ~50bps on MTU basis. This is broadly in line with our survey findings (link). Adj. EBITDA margin in FD improved ...
Food delivery platform Swiggy Ltd on February 5 reported that its net loss widened 39 percent to Rs 799 crore in the quarter ended December 31, 2024, regulatory filings showed. It reported a net ...
On Thursday, Zomato and Swiggy stocks continued their decline. (Image/PTI) Even as Zomato and Swiggy ramp up their quick commerce operations, their core food delivery business is witnessing ...
Shares of Swiggy Ltd fell 4 per cent in Wednesday's trade, ahead of the company's December quarter results. The online food aggregator is expected to report a loss of Rs 609 crore for the December ...
Food delivery player Swiggy's executives reasoned that the worsening contribution margins of its quick commerce arm, Instamart, was due to its focus on store expansion. The company saw its ...
Swiggy Q3 Results: Net loss of the food and grocery delivery platform widened to ₹800 crore in the December quarter of FY25; Pic by Hemant Mishra/mint EBITDA is an alternate measure of ...
Food delivery platform Swiggy’s net loss widened 39 per cent to ₹799 crore for the quarter ended December 31, 2024. It reported a net loss of ₹574 crore in the year-ago period. The revenue ...
As of 10:54 AM, the stock was down 3.6% at INR 418.10 per share on the BSE, compared to its last close of INR 433.65 apiece yesterday Swiggy has been on the downward trend since yesterday ...