Swiggy hits 52-week low on mixed Q3 nos; most brokerages cut target price
Swiggy reported its third quarter (Q3FY25) numbers on February 6, 2025, after market hours. In Q3, the company's consolidated loss widened to Rs 799 crore as compared to Rs 574.4 crore a year-ago period. The company’s consolidated revenue from operations grew 31 per cent year-on-year (Y-o-Y) to Rs 3,993 crore, up from Rs 3,049 crore in Q3FY24.
December quarter, Swiggy witnessed a stable increase in topline as well as an increase in expenses, dragging its P&L further ...
Results: The newly listed food aggregator’s revenue from operations in the third quarter of the current fiscal rose 31 per ...
Swiggy, the leading food delivery and quick commerce platform, is expected to experience a sequential rise in revenue during ...
UBS maintained a 'Buy' rating on Swiggy stock with a target price of Rs 510, while Macquarie maintained an 'Underperform' ...
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's widening losses during the December quarter may be owing to the 32 per cent on-year rise in its expenses during the ...
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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