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India's Swiggy to deliver positive core earnings by Dec 2025 as quick commerce booms
Swiggy said on Tuesday it expects to post positive core earnings by December 2025, helped by the rapid expansion of its quick commerce arm Instamart, after the Indian food and grocery delivery firm posted a smaller quarterly loss.
Swiggy scales 10-minute food delivery to 400 cities in quick-commerce push
Swiggy, a leading food delivery and quick-commerce app in India, said on Monday that it has expanded its 10-minute food delivery service, Bolt, to more than 400 cities and towns across the country.
Swiggy shares rally over 11%, 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 Rs 3,601.5 crore and 11.77% QoQ.
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 company saw robust order growth in both its food delivery and quick commerce segments.
Swiggy's loss narrows marginally to Rs 626 crore in Q2
Food and grocery delivery platform Swiggy on Tuesday 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 Q2FY25 consolidated loss narrows to Rs 626 cr
Indian food and grocery delivery platform Swiggy announced a reduced quarterly loss on Tuesday, driven by strong order growth in its food delivery and quick commerce segments, media reports said.
Swiggy Q2 Results: Net loss narrows to ₹625.5 crore in first earnings post IPO, revenue up 39% YoY
Food and grocery delivery firm Swiggy reported a narrower quarterly loss on Tuesday as the newly listed company saw robust order growth in both its food delivery and quick commerce segments. Swiggy, which made its trading debut on Nov.
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 ...
3d
Swiggy Loss Weighed by Instamart, Expects Operating Profit by End-2025
Food delivery platform Swiggy Ltd. posted a smaller quarterly loss and said it expects to become profitable by the final ...
1d
Swiggy stock surges 23% in seven sessions; analysts divided on future growth prospects
Swiggy's recent stock surge highlights strong market optimism, but analysts express mixed sentiments on valuation and future ...
cnbctv18
1d
Swiggy top brass discuss new growth drivers, competition, and strategy after quarterly results
Sriharsha Majety, Managing Director & CEO of Swiggy stated that quick commerce is a rapidly evolving sector with distinct ...
1d
on MSN
Swiggy’s Instamart pushes for higher average order value; analysts say metric's growth key to improve profitability
Swiggy Instamart's average order value (AOV) of Rs 499 has come in low compared to its competitors like Blinkit and Zepto.
ndtvprofit
1d
Zomato Vs Swiggy: This Player Has Better Profitability According To Bernstein
Bernstein has kept an 'outperform' rating on Zomato, with a target price Rs 335 per share, which implied a 20% upside from ...
newsbytesapp.com
2h
How to set up Swiggy UPI feature for faster payments
To set up Swiggy UPI, users will have to open the Swiggy app and head over to the payment page. From there, they can choose ...
1h
D-Street Newsmakers: Vedanta, Swiggy, Canara Bank among 5 stocks that hogged limelight today
Indian equities ended the session lower after the RBI maintained status quo in its policy outcome delivered today.
2d
on MSN
Swiggy: A Feast For The Long-Term Or Just A Short-Term Snack? Avinash Gorakshakar Decodes
Swiggy: A Long-Term Investment or Short-Term Play? Avinash Gorakshakar, Head of Research at Profitmart Securities, weighs in ...
10h
on MSN
Swiggy plans fee hike for Instamart, eyes higher take rate from grocery delivery business
Swiggy’s CFO Rahul Bothra told reporters that it plans to increase fees for its grocery delivery service, Instamart, with the ...
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