Swiggy's Q3 loss widens by 39% as quick commerce expenses pile up
December quarter, Swiggy witnessed a stable increase in topline as well as an increase in expenses, dragging its P&L further in the red.
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 Q3 results: Net loss widens 39% to Rs 799 crore
Food delivery platform Swiggy Ltd on February 5 reported its net loss widened to Rs 799 crore in the quarter ended December 31, 2024. Swiggy's revenue from operations rose 31% to Rs 3,993 crore in Q3FY25 as against Rs 3,049 crore in Q3FY24.
Swiggy’s Q3 losses widen 40% to Rs 799 crore; Instamart margins hit amid rising competition
Swiggy reported a 31% revenue growth to Rs 3,993 crore in Q3, but losses widened to Rs 799 crore due to investments in quick commerce. Despite increased competition, its food delivery business and Instamart showed growth.
Swiggy Share Price: Rs 799 crore loss in Q3; BUY, SELL or HOLD?
Brokerages have given mixed ratings on the shares of Swiggy Limited. The food and grocery delivery major has announced results for the third quarter of the financial year 2024-25.
Swiggy shares drop 7% as competitive intensity hits Q3 margin; here's target price
MOFSL said the food delivery segment remains a stable duopoly but increased competition and aggressive dark store expansion have rebased profitability expectations.
Swiggy shares in focus after Q3 loss widens to Rs 799 crore. Should you buy, sell, or hold?
On the positive side, revenue from operations for Q3FY25 reached Rs 3,993 crore, reflecting a 31% increase from Rs 3,049 crore in the same quarter of the previous year.
Swiggy's shares tank for 4th straight day, slip below IPO price
Following a decline for the fourth consecutive day, shares of online food aggregator Swiggy on Friday slipped below its initial public offering (IPO) issue price of Rs 390.According to market experts,
Swiggy Q3 results: Net loss widens to Rs 799 crore; revenue jumps 31%
Consolidated net loss widened to Rs 799.08 during the December 2024 quarter (Q3 FY25) as against Rs 574.38 crore in the year-ago period.
Swiggy Share Price Drops 7% As Loss Widened to Rs.800 Cr | Latest Target Price from Analysts
Shares of Swiggy fell more than 7% on Thursday after the food delivery giant's losses widened for the october-december quarter. Swiggy announced its December quarter results for fiscal 2024-25 (Q3FY25) on Wednesday,
Swiggy shares tumble nearly 8 pc; hit 52-week low as Q3 loss widens
Shares of food and grocery delivery major Swiggy on Thursday dropped nearly 8 per cent after the firm reported widening of consolidated loss to Rs 799
Swiggy Q3 Results FY25 Live Updates: Swiggy posts Rs 799 crore loss in Q3 FY25; revenue at Rs 3,993 crore
Swiggy, the leading food delivery and quick commerce platform, is expected to experience a sequential rise in revenue during ...
ndtvprofit1d
Swiggy Q3 Review: Quick Commerce Remains Pain Point As Competition Intensifies
UBS maintained a 'Buy' rating on Swiggy stock with a target price of Rs 510, while Macquarie maintained an 'Underperform' ...
Swiggy hits 52-week low on mixed Q3 nos; most brokerages cut target price
Swiggy reported its third quarter (Q3FY25) numbers on February 6, 2025, after market hours. In Q3, the company's consolidated ...
Swiggy management confident of EBITDA profitability by Q3 FY26
Swiggy aims for EBITDA profitability by Q3 FY26, driven by food delivery growth and quick commerce breakeven. The quick ...
The Financial Express1d
Swiggy, Zomato face rising costs amid slowing growing in food delivery biz
FY25, Zomato’s Blinkit was near break-even, but in Q3, its adjusted Ebitda margins slipped to -1%. Swiggy Instamart’s margins ...
Swiggy Instamart’s delivery on order value, take rate trail Zomato, Blinkit
Investors in quick commerce must be prepared for the long haul. However, even patient investors face a tough choice between Swiggy and Zomato.
Swiggy hits fresh 52-week low post weak Q3 earnings; Macquarie sees over 22% potential downside
Swiggy's widening losses during the December quarter may be owing to the 32 per cent on-year rise in its expenses during the ...
Fortune India1d
Swiggy shares get hammered for the second day in a row; is everything alright with the foodtech major?
Swiggy shares declined as much as 7.4% to hit its all-time low of ₹387 on the BSE today as Q3 loss widens by 39% to ₹799 ...