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 Instamart’s contribution margin dropped to -4.6% during the quarter under review (Q3 FY25) from -1.9% in the preceding ...
Swiggy's widening losses during the December quarter may be owing to the 32 per cent on-year rise in its expenses during the ...
If we compare Swiggy with Zomato, two things stand out — first, its quick commerce business has lagged behind Zomato, whereas ...
Swiggy aims for EBITDA profitability by Q3 FY26, driven by food delivery growth and quick commerce breakeven. The quick ...
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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