Swiggy reported a 31% revenue growth to Rs 3,993 crore in Q3, but losses widened to Rs 799 crore due to investments in quick commerce. Despite increased competition, its food delivery business and ...

Swiggy, Zomato may face margin challenges in food delivery segment amid competitive landscape Despite moderate gains in core food delivery EBITDA, the overall margin picture remains weak due to ...

Swiggy's Out-of-Home consumption segment, a relatively new vertical, turned profitable during the quarter, registering 42 per cent YoY GOV growth and positive EBITDA margins of 0.3 per cent.

Zomato, Swiggy: ICICI Securities said its channel checks indicated waning competitive intensity in quick-commerce customer acquisition spends, which it said is positive for medium-term margin outlook.

Swiggy’s Q3 revenue came in at Rs 3,993 crore, in line with the consensus estimate of Rs 4,020 crore. But the reported loss at Rs 799 crore was higher than the consensus estimate of Rs 620 crore.

It expects that Swiggy will likely report a net profit margin of -19.5% in FY25, -11.4% in FY26, and -5.4% in FY27. It maintained its ‘Neutral’ rating on the stock with a target price of Rs 460.

Swiggy also made gains on the profitability front. Its food delivery contribution margin rose to 7.8 per cent of GOV in Q4, up from 7.4 per cent in the preceding quarter and 6.7 per cent a year ago.

Stock Markets Today: Share prices of new age stocks as Zomato and Swiggy corrected up to 7% and even slightly more with the stock market crashed. Do you own the stocks?

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 ...