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Swiggy's Q2 Results Show Revenue Growth Amid Continued Losses and Market Reactions

Technology News

Swiggy's Q2 Results Show Revenue Growth Amid Continued Losses and Market Reactions

Swiggy narrows Q2 loss to Rs 922 crore, revenue zooms 36% YoY

MediaNama

Swiggy narrows Q2 loss to Rs 922 crore, revenue zooms 36% YoY

Swiggy cuts Q2 loss 16% to Rs 922 cr on 36% revenue growth; Instamart moves to inventory model next quarter.

Swiggy shares crash 14%, hit 52-week low after Q2 results. Here’s why Jefferies, Nomura, Bernstein cut target price

Economic Times

Swiggy shares crash 14%, hit 52-week low after Q2 results. Here’s why Jefferies, Nomura, Bernstein cut target price

Swiggy experienced a notable decline in share prices after announcing a Rs 922 crore loss for the quarter. Revenue from operations rose 36% year-on-year to Rs 7,571 crore, indicating some growth...

India's Swiggy falls after quick-commerce losses widen during second quarter

Brand Equity

India's Swiggy falls after quick-commerce losses widen during second quarter

Shares of Swiggy fell on Friday after the Instamart operator reported wider losses in its quick-commerce business, keeping the focus on profitability in the competitive segment following rival...

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...

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