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 ...

Swiggy Ltd, the food delivery and quick commerce ... this will result in 2.6% EBITDA margin as % of GMV for this segment. We expect an EBITDA loss of ₹870 crore for the Instamart business ...

"Adjusted EBITDA grew 15.4 per cent quarter-on-quarter (QoQ) and over five times YoY to ₹212 crore, and strong efficiency and execution drove a margin expansion to 2.9 per cent of GOV ...

Swiggy is set to disclose its financial performance for Q4 on Friday (May 9). Brokerages estimate the company to report a 16% sequential decline in its EBITDA margin during the quarter ...

This led to margin expansion to 2.9% of GOV, compared to just 0.5% a year ago.Instamart, Swiggy’s quick commerce arm, saw its average order value grow 13.3% to Rs 527. The company added 316 dark ...

Swiggy has temporarily suspended its pickup-and-drop service, Swiggy Genie, in most cities across India, including major regions like Bengaluru, Mumbai, and Delhi NCR. The company cites ...

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.

Not everything in business always goes according to plan. Recently, Swiggy decided to shut down Swiggy Genie, its hyperlocal delivery service, to focus on its main strengths: food delivery and quick ...

Food delivery major Swiggy on Friday released its fiscal fourth ... and the segment turned profitable with an Adjusted EBITDA margin of 0.3 per cent. “Our Out of Home Consumption business ...

Quick commerce and food delivery player Swiggy has temporarily shut down its intra-city parcel delivery service, Swiggy Genie, citing operational issues, the company's customer care service said ...

and strong efficiency and execution drove a margin expansion to 2.9 per cent of GOV, up from 0.5 per cent a year ago. Swiggy Instamart average order value increased 13.3 per cent to Rs 527 during ...