After a spell of running with the bulls, Swiggy is grappling with bears. The stock fell below its issue price this week and the pre-IPO concerns around overvaluation are finally playing out in the ...
In total, Swiggy recorded a net loss of INR8 billion, representing a 39% increase year-over-year. “For 4QFY25, we expect revenue/adj. EBITDA loss to increase 7.0%/14.5% QoQ. Our DCF-based ...
Indian food delivery company Swiggy’s stock fell below both its IPO price and its last private valuation as mounting losses and a wavering market position in quick commerce pressured its margins ...
Swiggy’s profitability is far inferior to that of Zomato, but the discount in valuations seems to be even higher. Zomato is currently valued at about 11x of FY25 adjusted revenue, while the ...
Shares of Swiggy plunged 8 per cent before closing ... 574.3 crore in the corresponding quarter previous year. However, its revenue from operations was up 31 per cent at ₹3993.1 crore in ...
Swiggy’s Q3 revenue came in at Rs 3,993 crore, in line with the consensus estimate of Rs 4,020 crore. But the reported loss at Rs 799 crore was higher than the consensus estimate of Rs 620 crore.
Revenue from operations also increased to Rs 3,993.06 crore from Rs 3,048.69 crore, a regulatory filing said. Notably, Swiggy's overall Gross Order Value (GOV) grew 38 per cent year-on-year (YoY ...
The revenue on a sequential basis grew 10.9 per cent. Also, EBITDA loss at the new-age company expanded from Rs 554.3 crore in the September quarter to Rs 725.8 crore in the quarter ended December 31, ...
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 ...
Shares of Swiggy plunged about 8% a record low on Thursday (February 6, 2025), after the company reported a wider third-quarter loss hurt by increased expansion costs to counter rivals Zomato and ...
Bad news for Blinkit, Zepto, and Swiggy Instamart ... However, the online food delivery company’s revenue went up 10.9 per cent from the preceding quarter to Rs 3,993.07 crore, according ...
Swiggy share price today, February 06: Motilal Oswal maintained its ‘Neutral’ rating on the stock with a target price of Rs 460. (Image: Imagine.art) Swiggy’s share price plummeted 7.8% to ...