Swiggy Q3 Results: Net loss widens to ₹800 crore, revenue up 31% YoY; Quick comm revenue surges 114% YoY
Results: The newly listed food aggregator’s revenue from operations in the third quarter of the current fiscal rose 31 per cent to ₹3,993 crore, compared to ₹3,049 crore in the year-ago period.
Swiggy, the leading food delivery and quick commerce platform, is expected to experience a sequential rise in revenue during ...
UBS maintained a 'Buy' rating on Swiggy stock with a target price of Rs 510, while Macquarie maintained an 'Underperform' ...
Swiggy reported its third quarter (Q3FY25) numbers on February 6, 2025, after market hours. In Q3, the company's consolidated ...
Swiggy Instamart’s contribution margin dropped to -4.6% during the quarter under review (Q3 FY25) from -1.9% in the preceding ...
Swiggy aims for EBITDA profitability by Q3 FY26, driven by food delivery growth and quick commerce breakeven. The quick ...
FY25, Zomato’s Blinkit was near break-even, but in Q3, its adjusted Ebitda margins slipped to -1%. Swiggy Instamart’s margins ...
Investors in quick commerce must be prepared for the long haul. However, even patient investors face a tough choice between Swiggy and Zomato.
Swiggy's widening losses during the December quarter may be owing to the 32 per cent on-year rise in its expenses during the ...
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