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 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 ...
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 ...
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 about 8% a record low on Thursday (February 6, 2025), after the company reported a wider third-quarter loss hurt by increased expansion costs to counter rivals Zomato and ...
Food delivery majors Swiggy and Zomato may need to brace for a bumpy ride as growth in food delivery, their core business, seems to be catching a headwind. The two firms, which operate in a ...
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 ...
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 ...
Image Source : PTI Swiggy incurred a net loss of Rs 574.38 crore in the year-ago period. Swiggy share price today: Shares of food and grocery delivery major Swiggy plunged 8 per cent on Thursday.
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 ...
Foodtech major Swiggy’s ‘out-of-home consumption’ business, which includes Dineout and SteppinOut, is at the cusp of breaking even, with its adjusted EBITDA improving to -1% in the third ...