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Swiggy Q3 net loss widens to Rs 799 crore
Swiggy's Q3 loss widens by 39% as quick commerce expenses pile up
December quarter, Swiggy witnessed a stable increase in topline as well as an increase in expenses, dragging its P&L further in the red.
Swiggy share price slumps over 7%, slips below IPO price as Q3 loss widens. Should you buy, sell or hold?
Swiggy share price fell 7.4% after reporting a third-quarter loss of ₹799.08 crore. Total expenses increased significantly, but revenue rose to ₹3,993.06 crore, indicating growth amid competitive pressures and investments in quick-commerce.
Swiggy Share Price: Rs 799 crore loss in Q3; BUY, SELL or HOLD?
Brokerages have given mixed ratings on the shares of Swiggy Limited. The food and grocery delivery major has announced results for the third quarter of the financial year 2024-25.
14h
Swiggy hits 52-week low on mixed Q3 nos; most brokerages cut target price
Swiggy reported its third quarter (Q3FY25) numbers on February 6, 2025, after market hours. In Q3, the company's consolidated ...
ndtvprofit
16h
Swiggy Q3 Review: Quick Commerce Remains Pain Point As Competition Intensifies
UBS maintained a 'Buy' rating on Swiggy stock with a target price of Rs 510, while Macquarie maintained an 'Underperform' ...
The Financial Express
5h
Swiggy, Zomato face rising costs amid slowing growing in food delivery biz
FY25, Zomato’s Blinkit was near break-even, but in Q3, its adjusted Ebitda margins slipped to -1%. Swiggy Instamart’s margins ...
14h
on MSN
Swiggy shares drop 7% as competitive intensity hits Q3 margin; here's target price
MOFSL said the food delivery segment remains a stable duopoly but increased competition and aggressive dark store expansion ...
14h
Swiggy hits fresh 52-week low post weak Q3 earnings; Macquarie sees over 22% potential downside
Swiggy's widening losses during the December quarter may be owing to the 32 per cent on-year rise in its expenses during the ...
11h
on MSN
Swiggy management confident of EBITDA profitability by Q3 FY26
Swiggy aims for EBITDA profitability by Q3 FY26, driven by food delivery growth and quick commerce breakeven. The quick ...
cnbctv18
14h
Zomato Vs Swiggy: What lies ahead for the food delivery aggregators after their Q3 results
If we compare Swiggy with Zomato, two things stand out — first, its quick commerce business has lagged behind Zomato, whereas ...
Fortune India
13h
Swiggy shares get hammered for the second day in a row; is everything alright with the foodtech major?
Swiggy shares declined as much as 7.4% to hit its all-time low of ₹387 on the BSE today as Q3 loss widens by 39% to ₹799 ...
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