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According to founder and group CEO Sriharsha Majety, investments by Swiggy in its 10-minute grocery delivery business Instamart peaked during Q4FY25, and so they expect the losses to progressively ...
Swiggy's shares experienced a 5.5% intra-day increase, fueled by promising revenue projections and its inclusion in the MSCI Global Standard Index.
Swiggy shares were trading 0.62% up at Rs 330.85 apiece on the NSE as of 9:48 a.m. on Thursday, compared to a flat benchmark Nifty 50 at 24,381.25.
The brokerage said that the food businesses of Swiggy and Zomato have matured; hence it expects the firms to see margin expansion and strong free cash flow growth over the next three years.
The quick commerce vertical’s operating revenue rose 19.5% to INR 689 Cr in Q4 from INR 576.5 Cr in Q3 Swiggy Instamart added 316 dark stores in Q4, expanding its network to 1,021 stores at the ...
Food delivery major Swiggy has once again hiked its platform fee for food delivery orders, now by Rs 2. Citing a rise in ...
Swiggy, a leading food and grocery delivery service, is restructuring its organization and appointing new finance heads for ...
Food delivery giant Swiggy has once again raised its platform fee for delivery orders, increasing it by ₹2 to ₹14. The ...
Both Swiggy and rival Zomato have previously tested higher platform fees during high-demand periods, keeping them in place if ...
Brokerages tracked by Business Standard estimate Swiggy's net loss widen year-on-year (Y-o-Y) on average, to ₹1,019.25 crore ...
Swiggy’s food delivery turns EBITDA positive, eyes 5% margin by FY28. Bolt drives growth, but quick commerce losses persist ...
Swiggy Limited is India’s leading food delivery platform with a roughly 45% market share. Shares detracted during the quarter. Although the stock increased on robust sales growth and improving ...
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