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Swiggy Reports Appetizing Q2, Revenues Up 11.7% at INR 36.1 billion
Brokerage firm Motilal Oswal said in a post-earnings report that Swiggy's growth was faster than the category average set by Zomato over the medium term in the food delivery sector.
Swiggy’s Q2 loss narrows marginally to Rs 625.53 cr
Shares of food and grocery delivery platform Swiggy on Wednesday jumped nearly 7 per cent after the firm 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 shares rally over 9%, extend gains after narrowing quarterly losses
Swiggy shares surged nearly 13% over two sessions, driven by narrowing losses and strong Q2 results. Revenue rose 30% YoY to Rs 3,601.5 crore and 11.77% QoQ.
Swiggy Q2 Results LIVE: Stock ends lower after the company reports net loss
Food and grocery delivery platform Swiggy on Tuesday reported a narrowing of loss at ₹625.53 crore on a consolidated basis in the second quarter ended September, down from ₹657 crore in the year-ago period.
Swiggy Q2 results: Revenue jumps 30% to Rs 3,602 crore, losses at Rs 626 crore
Zomato, Swiggy's old rival, had posted a revenue of Rs 4,799 crore and had a profit after tax of Rs 272 crore during the September quarter.
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: Net loss narrows to ₹625.5 crore in first earnings post IPO, revenue up 39% YoY
Results: Swiggy’s revenue from operations increased by 30 per cent to ₹3,601.45 crore in the September quarter from ₹2,763.33 crore in the corresponding period last year
Swiggy posts 30% rise in revenue as Instamart grows more than 2X in Q2
Sriharsha Majety-led Swiggy’s operating revenue increased to Rs 3,601 crore in Q2 FY25. It managed to reduce its losses slightly, despite a double-digit increase in expenses.
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 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 Surge Over 3% After Q2 Results
Swiggy shares closed over 3% higher on Wednesday after the food delivery platform reported a narrowing of its net loss in the second quarter. The company also announced plans to achieve positive adjusted EBITDA by the third quarter of FY26.
Press Trust of India on MSN
1d
Swiggy's loss narrows marginally to Rs 626 crore in Q2
Swiggy's Q2 financials show a reduced net loss at Rs 625.53 crore with revenue from operations rising to Rs 3,601.45 crore.
ET Now on MSN
21h
Swiggy Buzzing In Trade Behind Q2 Results, How Was The Performance? | Zomato Vs Swiggy, What To Buy?
Swiggy Buzzing In Trade Behind Q2 Results, How Was The Performance? | Zomato Vs Swiggy, What To Buy?#swiggy #zomato ...
India Today on MSN
1h
Swiggy and Zomato shares hit all-time high today. Can they deliver more returns?
Swiggy’s focus on innovation and expansion, alongside Zomato’s sustained growth, suggests that the quick commerce and food ...
1d
Swiggy Share Price Jumps On Strong Q2 Earnings, Revenue Grows 30% YoY, User Base Expands; BUY?
Swiggy’s stock continued its upward trajectory, rising 3% to Rs 517 in early trade today, buoyed by the announcement of its ...
DesiDime.com
22h
Swiggy Instamart Delivery Charges to Increase Soon?
Swiggy Instamart Delivery Charges to Increase Soon? After raising food delivery charges, Swiggy may increase Instamart prices ...
1d
on MSN
Swiggy profitability by end-2025? Nuvama shares Zomato comparison, views post Q2 results
Swiggy’s gross order value (GOV) growth in Food Delivery (FD) and Quick Commerce (QC) segments were lower than Zomato’s for ...
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