The results were announced post market hours. In a letter to shareholders, Swiggy said Instamart’s margin was impacted by a mix of reasons – “a) (dark) store expansion and replacements ...

India’s food and delivery giants Swiggy and Eternal (Zomato ... is further compounding the challenge. “Margin compression is being driven by rising competitive intensity, leading to higher ...

Advt On the other hand, Swiggy’s quick commerce business, Instamart, clocked an impressive 101 per cent YoY growth, reaching a GOV of Rs 4,670 crore. However, the segment's contribution margin ...

Shares of Swiggy Ltd and Zomato Ltd have tumbled up to 46 per cent from their 52-week highs amid concerns over margin contraction in quick commerce segment due to rapid store expansion ...

"Swiggy delivered in line growth, but margins were significantly below consensus. Instamart's adjusted Ebitda margin fell 420 bps QoQ while the contribution margin (CM) fell 270 bps QoQ.

Swiggy’s growth was in line with expectations, but margins dipped significantly below consensus. “Instamart’s adjusted EBITDA margin fell 420bp QoQ while the contribution margin (CM ...

It sees contribution margin contracting to -3.6% (as % of GOV) versus -1.9% in Q2. Brokerage firm Motilal Oswal (MOSL) estimates Swiggy’s GOV for food delivery and quick commerce businesses to ...

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 Market Today: Swiggy Ltd, Zomato Ltd share prices saw ... but for the shares they see limited margin of safety. They see rising competition in Q-Com denting consensus forecasts.

with revenue from the segment accounting for 13.6% of Swiggy's overall revenue of 36.01 billion rupees. Overall GOV rose 30%. The unit improved its contribution margin - revenue from orders after ...