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Swiggy Q2 Results: Net loss narrows to ₹625.5 crore in first earnings post IPO, revenue up 39% YoY
Results: Swiggy’s revenue from operations increased by 30 per cent to ₹3,601.45 crore in the September quarter from ₹2,763.33 crore in the corresponding period last year
Swiggy shares up over 6% as Q2 net loss narrows marginally
Swiggy shares rallied as much as 6.6% to hit an intra-day high of Rs 534.80 after the company’s net loss narrowed marginally. The company reported a net loss narrowed by 5% year-on-year to Rs 657 crore in Q2 FY25 from Rs 625.
Swiggy Share Price Rises 7% After Q2 Loss Narrows, Revenue Jumps 30%
The stock price of food and grocery delivery platform Swiggy soared nearly 7 per cent during intraday trade on Wednesday, after it reported a decrease in a consolidated net loss to Rs 625.53 crore in the second quarter of FY 2024-25 that ended September 30.
Swiggy share price targets see upward revisions post path to profitability; Stock jumps
Shares of Swiggy Ltd. gained as much as 9% on Wednesday after the food delivery aggregator reported better-than-expected topline growth for the September quarter. JM Financial finds the Swiggy stock worth ₹550 per share,
Swiggy Shares Rise Over 6% After Q2 Net Losses Narrow, Revenue Rises
Swiggy’s share price surged by over 6% on Wednesday following the release of its financial results for the second quarter of the current fiscal. The online food and grocery delivery platform reported strong revenue growth and a reduction in losses.
Swiggy share price zooms 10% to new peak ahead of Q2FY25 numbers, up 39% from IPO price
Swiggy's stock surged 10% to ₹541.95, ahead of Q2FY25 results. Since its IPO, shares have risen 39%. Brokerages like UBS and Motilal Oswal view Swiggy favourably, citing growth potential in quick commerce and a unique all-in-one app approach.
Swiggy Share Price: Food delivery stock hits 52-week HIGH; Q2FY25 Results today
Swiggy Limited will consider and approve the financial results (standalone and consolidated) of the Company for the quarter and half year ended September 30, 2024.
inc42
4h
Swiggy, Flipkart’s Growth Pill: Will Quick Commerce Disrupt Pharmacies Next?
Swiggy, Flipkart Minutes, Tata BigBasket have all launched 10-minute medicine deliveries. What's quick commerce's fascination ...
MediaNama
1d
Swiggy reports 17.1 Million active users, 230 Million orders in first earnings release post IPO
Swiggy also saw an increase in the number of orders on the platform by 16.52% going from 192 million in Q2FY24 to 230 million ...
ET Now on MSN
1d
Swiggy share price rallies 12% to hit ALL-TIME HIGH; up 45% from IPO price - BUY or SELL?
JM Financial in its report said that Swiggy reported a healthy 5 per cent QoQ expansion in monthly transacting users (MTU) ...
4d
Breaking the “jinx” of confidential IPO filings: Swiggy’s Sriharsha Majety on running a newly listed company
Roughly two weeks after the company went public, Swiggy’s Majety spoke about the differences between running a public and ...
Your Story
3d
Swiggy to invest Rs 1,600 Cr in Scootsy Logistics to grow its dark store count
Swiggy informed in its red herring prospectus filed before the IPO that Scootsy will be utilised for opening about 538 dark ...
ET Now on MSN
2d
Swiggy Share Price: Stock rallies 7% after stellar Q2 FY25 results, up 37% since IPO price
Swiggy Ltd. shares surged 6.7% on Wednesday, December 4, following the company's strong Q2 FY25 results. The food delivery ...
3d
Why food delivery platform Swiggy shares hit all time high in trade today?
The company believes that the expansion of Bolt to over 400 cities is a significant milestone in Swiggy's mission to enhance ...
Analytics Insight
3d
Swiggy’s Stock Surges 10% to ₹541.95 Amid Q2FY25 Results: Strong Growth in Quick Commerce
Swiggy share price jumped 10% to end at ₹541.95, a 52-week high on December 3rd 2024. This is in line with the company ...
4d
Swiggy CEO Sriharsa Majety Reflects On Swiggy's Public Listing And Market Competition
Explore Srihar Majetys insights on Swiggys transition to a public company, IPO challenges, and competitive strategies in the ...
3d
Swiggy to invest Rs 1,600 crore in Scootsy via rights issue, funds for Instamart's expansion and working capital
Swiggy said the subsidiary will get Rs 1,350 crore meant for expansion-related expenditure in the brand Instamart, while Rs ...
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