Indian food delivery company Swiggy's stock fell below both its IPO price and its last private valuation as mounting losses ...
December quarter, Swiggy witnessed a stable increase in topline as well as an increase in expenses, dragging its P&L further ...
While Swiggy saw improvement in its core food delivery business, its quick commerce arm witnessed lower margins as dark store ...
In all, while Swiggy had a total of 705 dark stores at the end of Q3FY25, Blinkit had 1.007 dark stores at the end of the ...
Brokerages offered mixed views on Swiggy after its net loss widened to Rs 800 crore in Q3FY25 from Rs 524 crore a year ago, as rising competitive intensity and aggressive dark store expansion continue ...
Swiggy’s Chief Financial Officer, Rahul Bothra, stated that Bolt, launched in October, now contributes nearly 9% of the company’s total food delivery volume..
Swiggy shares drop 8% amid profit decline and store expansion woes. Explore market expectations and future forecasts.
Shares of Swiggy plunged 8% in early trade on Thursday on reporting ₹799 crore loss in the quarter ended December 2024 as ...
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 ...
MOFSL said the food delivery segment remains a stable duopoly but increased competition and aggressive dark store expansion ...
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 ...
Swiggy shares fell 7.4% to a 52-week low of Rs 385.25 following a consolidated loss report of Rs 799 crore for the December ...