Swiggy Instamart’s contribution margin dropped to -4.6% during the quarter under review (Q3 FY25) from -1.9% in the preceding ...
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 ...
Shares of Swiggy plunged about 8% to a record low on Thursday, after the Indian delivery firm's quarterly loss worsened as an ...
ALSO READ: Swiggy Q3 results: Net loss widens 39% to Rs 799 crore UBS warned that margin pressure is likely to persist for the foreseeable future, with no immediate upgrades planned for dark ...
What started as a recipe for success is now leaving a bitter taste for investors—at least in the short term. Zomato and newly-listed Swiggy are betting big on growth through quick-commerce but ...
But the reported loss at Rs 799 crore was higher than the consensus estimate of Rs 620 crore. "Swiggy delivered in line ...
"These trends could significantly intensify the pressures on Swiggy’s stock price in the near term, despite valuation support due to an improved growth/margin trajectory in the food delivery ...
While revenues remain robust — Zomato’s consolidated revenue grew 64% to Rs 5,405 crore and Swiggy’s 31% to Rs 3,993 crore — rising expenses have squeezed margins. Zomato’s expenses ...
For Swiggy, the rise in competition could adversely impact its business margins, user frequency, business and operations. However, it is pertinent to note that Citi initiated coverage on Swiggy ...
Swiggy share price fell 7.4% after announcing ... He added that the consistent growth in food delivery margins and cash flow generation is being counterbalanced by the investments in quick ...
Feb 6 (Reuters) - Shares of Swiggy (SWIG.NS), opens new tab plunged ... stores to counter rivals such as Blinkit and Zepto hit margins. The shares, which had their trading debut in November ...