Swiggy Instamart’s contribution margin dropped to -4.6% during the quarter under review (Q3 FY25) from -1.9% in the preceding ...
But the reported loss at Rs 799 crore was higher than the consensus estimate of Rs 620 crore. "Swiggy delivered in line ...
Shares of Swiggy plunged about 8% to a record low on Thursday, after the Indian delivery firm's quarterly loss worsened as an ...
Food delivery player Swiggy's executives reasoned that the worsening contribution margins of its quick commerce arm, Instamart, was due to its focus on store expansion. The company saw its ...
Indian food delivery company Swiggy’s stock fell below both its ... a wavering market position in quick commerce pressured its margins in the last quarter. On Thursday, the food delivery company ...
ALSO READ: Swiggy Q3 results: Net loss widens 39% to Rs 799 crore UBS warned that margin pressure is likely to persist for the foreseeable future, with no immediate upgrades planned for dark ...
While revenues remain robust — Zomato’s consolidated revenue grew 64% to Rs 5,405 crore and Swiggy’s 31% to Rs 3,993 crore — rising expenses have squeezed margins. Zomato’s expenses ...
Also Read Mature business, corporate governance key to IPO success: Swiggy CFO Rahul Bothra "The secular expansion in food delivery margins and cashflow generation is balanced by growth ...
Elara Capital analysts said Instamart’s contribution margin during the December quarter was more impacted than its rival Zomato, which is also facing the same struggle. Swiggy’s contribution ...
Food delivery platform Swiggy’s net loss widened 39 per cent ... The secular expansion in food delivery margins and cashflow generation is balanced by growth investments in quick commerce ...
Feb 6 (Reuters) - Shares of Swiggy (SWIG.NS), opens new tab plunged ... stores to counter rivals such as Blinkit and Zepto hit margins. The shares, which had their trading debut in November ...