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Swiggy Q2 FY25: Revenue Growth Continues Amid 626 Cr Net Loss
One of the top quick-commerce and food delivery services in India, Swiggy, has announced its Q2 FY25 financial results, which show both significant revenue growth and profitability issues.
Swiggy Shares Jump 6% After The Foodtech Major Cuts Q2 Loss
Shares of Swiggy jumped over 6% to INR 534.85 apiece on the BSE during the intraday trading today (December 4) after the foodtech major narrowed its consolidated net loss by 4.78%
Swiggy Share Price: Stock rallies 7% after stellar Q2 FY25 results, up 37% since IPO price
Swiggy Ltd. shares surged 6.7% on Wednesday, December 4, following the company's strong Q2 FY25 results. The food delivery company's stock is now up 37% from its IPO price.
Swiggy Q2 FY25 results: Net loss widens to Rs 626 crore QoQ; revenue up 12%
The company's consolidated loss during the September 2024 quarter (Q2 FY25) widened to Rs 625.53 crore sequentially as against Rs 611 crore in the previous quarter. However, Swiggy's net loss was at Rs 657 crore in Q2 FY24.
Swiggy Q2 Results: Company's Loss Narrows Marginally To Rs 625.53 Crore In 2nd Quarter
Swiggy's revenue from operations increased to Rs 3,601.45 crore in the July-September quarter, from Rs 2,763.33 crore in the corresponding period of last year.
Swiggy's loss narrows marginally to Rs 626 crore in Q2
Food and grocery delivery platform Swiggy on Tuesday reported narrowing of consolidated net loss at Rs 625.53 crore for the second quarter ended September 30 on the back of continued growth of food delivery business.
Swiggy Q2 Results & Share Price Highlights: Swiggy narrows loss to ₹625.53 crore, revenue jumps 30%. Shares trade up by 1.2%
Swiggy shares surged on Tuesday, ahead of the company’s Q2 result announcement. This will be the company’s first earnings report since its listing on November 13, 2024.
Swiggy Q2 operating revenue rises 30%, net loss falls marginally
Food and grocery delivery company Swiggy's operating revenue rose by 30% year-on-year to Rs 3,601 crore for the July-September quarter. The net loss slightly decreased to Rs 625 crore. Swiggy's food delivery continued to achieve industry-best growth,
Swiggy Q2 results: Net loss narrows to Rs 625.5 crore in 1st earnings after IPO
Swiggy's revenue from operations rose by 30% year-on-year (YoY) to Rs 3,601 crore, up from Rs 2,763 crore in Q2FY24.
Swiggy Q2 Results: Net loss narrows to ₹625.5 crore in first earnings post IPO, revenue up 39% YoY
Food and grocery delivery firm Swiggy reported a narrower quarterly loss on Tuesday as the newly listed company saw robust order growth in both its food delivery and quick commerce segments. Swiggy, which made its trading debut on Nov.
Swiggy Q2 Results: Cons loss narrows YoY to Rs 625 crore, revenue jumps 30%
Swiggy's food delivery business nearly doubled profitability, with adjusted EBITDA at Rs 112 crore, a 1.6% margin, and GOV growing 5.6% QoQ to Rs 7,191 crore. The company’s new 10-minute delivery service,
39m
Despite Q2 slowdown, GDP growth of 6.5% to 7% for FY25 still feasible: CEA Nageswaran
Finance Ministry reassures Indian economy's growth story remains strong despite recent slowdown, projecting 6.5-7% growth for ...
The Financial Express
5d
Economists cut FY25 GDP forecast after Q2 shocker
(Image/Freepik) After the
Q2
GDP growth coming in a lower than expected 5.4%, most economists have cut their full year’s ...
3d
on MSN
India’s Q2 FY25 GDP: A bump in the road or a sign of resilience?
India's Q2 FY25 GDP growth was below expectations. However, strong private consumption and robust services sector indicate ...
18h
Dollarama Q2 EPS Meets Estimates, But Sales Miss; Backs FY25 Outlook
Canadian value retailer Dollarama, Inc. (DOL.TO) reported Wednesday that net earnings for the third quarter increased to $275.81 ...
2d
Corporation tax paid by listed companies at 4-year low in Q2 FY25
Tax payment by listed companies was down 7 per cent year-on-year (Y-o-Y) in Q2FY25, their worst showing in the last four ...
3d
Global Blue Q2: Guidance Lowered, But Outlook Remains Positive
Global Blue's growth outlook remains solid, despite the slightly lowered full-year adjusted EBITDA guidance. Read why I ...
5d
India Q2 FY25 GDP Growth Data 2024 Highlights: Economic growth slows to 5.4%
GDP growth slides to 5.4% for quarter ended Sept 2024. India’s economy expanded at 6.7 per cent in the April-June quarter (Q1 ...
Outlook Business
2d
India’s Q2 FY25 GDP Growth
India’s GDP growth slowed to 5.4% in Q2 FY25, falling short of expectations, though the government maintains its FY25 target ...
Businessworld
5d
India's GDP Likely To Fall Below 6.5% In FY25 Amid Q2 Slowdown: SBI
India's Gross Domestic Product (GDP) is expected to fall below 6.5 per cent for the current financial year 2025, as GDP ...
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