Your Story4d
Swiggy's Q3 loss widens by 39% as quick commerce expenses pile up
Quick commerce and food delivery player Swiggy saw its losses surge by 39% year-on-year (YoY) in Q3 FY25, bogged down by rapid expansion in the hotly contested quick commerce segment, along with a ...
The Hindu2d
Swiggy hits record low on wider quarterly loss
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 ...
Mint2d
Swiggy share price slumps over 7%, slips below IPO price as Q3 loss widens. Should you buy, sell or hold?
Swiggy share price fell 7.4% after announcing a consolidated loss of ₹799.08 crore for Q3 2024, up from ₹574.38 crore last year.(Pixabay) Sriharsha Majety, the MD & Group CEO of Swiggy ...
Your Story4d
Swiggy's quick commerce profit margins hurt as expansion, discounts take precedence
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 ...