Shares of Swiggy plunged 8 per cent before closing 7 per cent lower on Thursday on reporting ₹799 crore loss in the quarter ended December 2024 as against ₹574.3 crore in the corresponding ...

On Thursday, Zomato and Swiggy stocks continued their decline. (Image/PTI) Even as Zomato and Swiggy ramp up their quick commerce operations, their core food delivery business is witnessing ...

Swiggy Q3 Results: Net loss of the food and grocery delivery platform widened to ₹800 crore in the December quarter of FY25; Pic by Hemant Mishra/mint EBITDA is an alternate measure of ...

Shares of Swiggy plunged about 8% a record low on Thursday (February 6, 2025), after the company reported a wider third-quarter loss hurt by increased expansion costs to counter rivals Zomato and ...

Food delivery platform Swiggy’s net loss widened 39 per cent to ₹799 crore for the quarter ended December 31, 2024. It reported a net loss of ₹574 crore in the year-ago period. The revenue ...

Food delivery player Swiggy's executives reasoned that the worsening contribution margins of its quick commerce arm, Instamart, was due to its focus on store expansion. The company saw its ...

Image Source : PTI Swiggy incurred a net loss of Rs 574.38 crore in the year-ago period. Swiggy share price today: Shares of food and grocery delivery major Swiggy plunged 8 per cent on Thursday.

A new Swiggy scam is surfacing, where delivery partners pretend to be injured and ask customers for money to visit the hospital. In a similar scam, a customer claimed he was defrauded of Rs 10,000 ...

Foodtech major Swiggy’s ‘out-of-home consumption’ business, which includes Dineout and SteppinOut, is at the cusp of breaking even, with its adjusted EBITDA improving to -1% in the third ...

Swiggy share price declined over 4% on Wednesday ahead of the announcement of its Q3 results today. Swiggy shares fell as much as 4.07% to a low of ₹416 apiece on the BSE. Swiggy shares were ...

Food delivery majors Swiggy and Zomato may need to brace for a bumpy ride as growth in food delivery, their core business, seems to be catching a headwind. The two firms, which operate in a ...

Swiggy's widening losses during the December quarter may be owing to the 32 per cent on-year rise in its expenses during the review period. Bernstein also has maintained an 'outperform' call on the ...