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 ...

The sector's rapid growth has led to margin pressures despite increasing revenues. Indian food and grocery delivery firm Swiggy said on Friday it will invest up to 10 billion rupees ($115.47 ...

Global brokerage Jefferies initiated coverage on recently listed quick commerce and food delivery player Swiggy Ltd. The brokerage ... to grow in high teens with margin expansion.