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Swiggy Reports Appetizing Q2, Revenues Up 11.7% at INR 36.1 billion
Brokerage firm Motilal Oswal said in a post-earnings report that Swiggy's growth was faster than the category average set by Zomato over the medium term in the food delivery sector.
Swiggy’s Q2 loss narrows marginally to Rs 625.53 cr
Shares of food and grocery delivery platform Swiggy on Wednesday jumped nearly 7 per cent after the firm reported narrowing of consolidated net loss at Rs 625.53 crore for the second quarter ended September 30 on the back of continued growth of food delivery business.
Swiggy Q2 Results LIVE: Stock ends lower after the company reports net loss
Food and grocery delivery platform Swiggy on Tuesday reported a narrowing of loss at ₹625.53 crore on a consolidated basis in the second quarter ended September, down from ₹657 crore in the year-ago period.
Swiggy Q2 results: Revenue jumps 30% to Rs 3,602 crore, losses at Rs 626 crore
Zomato, Swiggy's old rival, had posted a revenue of Rs 4,799 crore and had a profit after tax of Rs 272 crore during the September quarter.
Swiggy Q2 FY25 results: Net loss widens to Rs 626 crore QoQ; revenue up 12%
The company's consolidated loss during the September 2024 quarter (Q2 FY25) widened to Rs 625.53 crore sequentially as against Rs 611 crore in the previous quarter. However, Swiggy's net loss was at Rs 657 crore in Q2 FY24.
Swiggy posts 30% rise in revenue as Instamart grows more than 2X in Q2
Sriharsha Majety-led Swiggy’s operating revenue increased to Rs 3,601 crore in Q2 FY25. It managed to reduce its losses slightly, despite a double-digit increase in expenses.
Swiggy Q2: Losses Narrow To Rs 626 Crore, Firm Clocks 30 Per Cent Jump In Revenue
The online delivery company’s loss stood at Rs 626 crore in the second quarter of the current FY25, narrowing 5 per cent from Rs 657 crore logged in the July-September quarter a year earlier
Swiggy Q2 FY25: Revenue Growth Continues Amid 626 Cr Net Loss
One of the top quick-commerce and food delivery services in India, Swiggy, has announced its Q2 FY25 financial results, which show both significant revenue growth and profitability issues.
Swiggy Shares Surge Over 3% After Q2 Results
Swiggy shares closed over 3% higher on Wednesday after the food delivery platform reported a narrowing of its net loss in the second quarter. The company also announced plans to achieve positive adjusted EBITDA by the third quarter of FY26.
Swiggy Shares Jump 6% After The Foodtech Major Cuts Q2 Loss
Shares of Swiggy jumped over 6% to INR 534.85 apiece on the BSE during the intraday trading today (December 4) after the foodtech major narrowed its consolidated net loss by 4.78%
Swiggy shares in focus after Q2 net loss widens to Rs 626 crore QoQ
Swiggy shares are likely to attract attention on Wednesday after the food delivery platform, which went public in November, reported a sequential rise in its consolidated net loss for Q2 FY25. The loss for the July-September 2024 period was Rs 625.
ET Now on MSN
1h
Swiggy share price rallies 12% to hit ALL-TIME HIGH; up 45% from IPO price - BUY or SELL?
The brokerage has maintained BUY rating on
Swiggy
, saying the company was off to a decent start and that key metrics see ...
inc42
38m
HDFC Securities Downgrades Swiggy To ‘Reduce’ But Raises PT To INR 470
HDFC Securities has downgraded Swiggy to ‘reduce’ from ‘add’ but bumped up its target price to INR 470 per share from INR 430 ...
2h
on MSN
Swiggy shares rally over 9%, extend gains after narrowing quarterly losses
Swiggy shares surged nearly 13% over two sessions, driven by narrowing losses and strong Q2 results. Revenue rose 30% YoY to ...
ET Now on MSN
23h
Swiggy Buzzing In Trade Behind Q2 Results, How Was The Performance? | Zomato Vs Swiggy, What To Buy?
Swiggy Buzzing In Trade Behind Q2 Results, How Was The Performance? | Zomato Vs Swiggy, What To Buy?#swiggy #zomato ...
1d
Swiggy Share Price Jumps On Strong Q2 Earnings, Revenue Grows 30% YoY, User Base Expands; BUY?
Swiggy’s stock continued its upward trajectory, rising 3% to Rs 517 in early trade today, buoyed by the announcement of its ...
DesiDime.com
1d
Swiggy Instamart Delivery Charges to Increase Soon?
Swiggy Instamart Delivery Charges to Increase Soon? After raising food delivery charges, Swiggy may increase Instamart prices ...
1d
on MSN
Swiggy profitability by end-2025? Nuvama shares Zomato comparison, views post Q2 results
Swiggy’s gross order value (GOV) growth in Food Delivery (FD) and Quick Commerce (QC) segments were lower than Zomato’s for ...
1d
on MSN
India's Swiggy posts narrower loss on quick commerce growth
(Reuters) -Indian food and grocery delivery firm Swiggy reported a narrower quarterly loss on Tuesday as the newly listed ...
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