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 ...
But the reported loss at Rs 799 crore was higher than the consensus estimate of Rs 620 crore. "Swiggy delivered in line ...
Indian food delivery company Swiggy's stock fell below both its IPO price and its last private valuation as mounting losses and a wavering market position in quick commerce pressured its margins ...
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 ...
In a statement, Swiggy said, “Growth investments in Quick-commerce led to a reduction in contribution margin from -1.9 per cent in Q2FY25 to -4.6 per cent in Q3FY25, as the company ramped up ...
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 ...
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 ...
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