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Swiggy Reports Narrowed Losses and Impressive Revenue Growth, Plans Strategic Shift to Inventory Model

Technology News

Swiggy Reports Narrowed Losses and Impressive Revenue Growth, Plans Strategic Shift to Inventory Model

Swiggy Q2 results: Loss narrows to Rs 922 cr, revenue jumps 36%; Instamart loss at Rs 895 cr

Business Today

Swiggy Q2 results: Loss narrows to Rs 922 cr, revenue jumps 36%; Instamart loss at Rs 895 cr

Swiggy Q2 results: Net loss narrows to Rs 922 crore as revenue rises 36.1% to Rs 7,571 crore. Instamart adds 69 dark stores but reports a quarterly loss of Rs 895 crore.

Swiggy Q2 revenue jumps 36%; loss narrows to Rs 922 crore

Economic Times

Swiggy Q2 revenue jumps 36%; loss narrows to Rs 922 crore

The company’s food delivery gross order value (GOV) increased 17.7% year-on-year to Rs 10,054 crore, up 5.9% from the previous month. Swiggy said its food delivery platform, excluding budget meals...

Swiggy to shift to inventory model starting Q3 FY27, eyes 80 bps Instamart margin boost

Economic Times

Swiggy to shift to inventory model starting Q3 FY27, eyes 80 bps Instamart margin boost

The transition is likely to improve its quick commerce arm Instamart’s contribution margin by around 80 basis points once fully implemented. It will also give the Bengaluru-based company better...

Swiggy says Toing could propel food delivery market growth to 25-30%, up from 18-20%

MoneyControl

Swiggy says Toing could propel food delivery market growth to 25-30%, up from 18-20%

The affordable-meal app is aimed at expanding Swiggy’s addressable market, though the company has acknowledged cannibalisation between Toing and its main platform.

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