Swiggy share price zooms 10% to new peak ahead of Q2FY25 numbers, up 39% from IPO price
Swiggy’s stock surged 10% to ₹541.95, ahead of Q2FY25 results. Since its IPO, shares have risen 39%. Brokerages like UBS and Motilal Oswal view Swiggy favourably, citing growth potential in quick commerce and a unique all-in-one app approach.
Swiggy Q2 results: Net loss narrows to Rs 625.5 crore in 1st earnings after IPO
Swiggy's revenue from operations rose by 30% year-on-year (YoY) to Rs 3,601 crore, up from Rs 2,763 crore in Q2FY24.
Swiggy Q2 operating revenue rises 30%, net loss falls marginally
Food and grocery delivery company Swiggy's operating revenue rose by 30% year-on-year to Rs 3,601 crore for the July-September quarter. The net loss slightly decreased to Rs 625 crore. Swiggy's food delivery continued to achieve industry-best growth,
Swiggy Q2 Results: Net loss narrows to ₹625.5 crore in first earnings post IPO, revenue up 39% YoY
Food and grocery delivery firm Swiggy reported a narrower quarterly loss on Tuesday as the newly listed company saw robust order growth in both its food delivery and quick commerce segments. Swiggy, which made its trading debut on Nov.
Swiggy Shares Jump 9% Ahead Of Q2 Results
Shares of Swiggy rallied more than 9% during the intraday trading today (December 3) to INR 542.10 apiece on BSE ahead of the foodtech major’s Q2 FY25 earnings announcement
Swiggy Q2 Results: Revenue Soars 30% To Rs 3,602 Crore, But Losses Stay At Rs 626 Crore
In the preceding quarter (Q1FY25), Swiggy reported a revenue of Rs 3,222.2 crore, with losses amounting to Rs 611 crore. Zomato, Swiggy’s long-standing competitor, reported a revenue of Rs 4,799 crore and a profit after tax of Rs 272 crore for the September quarter.
India's Swiggy posts narrower loss in first results after trading debut
Indian food and grocery delivery firm Swiggy reported a narrower quarterly loss on Tuesday as the newly listed company saw robust order growth in both its food delivery and quick commerce segments.
Swiggy plans to add over 430 Instamart dark stores by March, eyes contribution break-even next year
The firm plans to take quick commerce dark store count from 609 to 1046 by March 2025; targets consolidated group-level ...
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Swiggy to invest Rs 1,600 Cr in Scootsy Logistics to grow its dark store count
Swiggy informed in its red herring prospectus filed before the IPO that Scootsy will be utilised for opening about 538 dark ...
India’s Swiggy defies weak market in largest 2024 tech IPO globally
Shares of Swiggy surged 7% to ₹440 on Wednesday as the food-delivery and quick-commerce startup concluded India's ...
South Africa's Naspers plans more IPOs in next 18 months after Swiggy success
South African technology investor Naspers said on Monday its Prosus e-commerce subsidiary plans more listings after last ...
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Swiggy IPO: Accel, Elevation To See 34X Returns; Prosus To Pocket $500 Mn
Ahead of its IPO, Accel holds 10.51 Cr shares in Swiggy at a weighted average price of INR 11.17 per equity share. As part of the company’s offer for sale (OFS) component during its IPO ...
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Swiggy’s Stock Surges 10% to ₹541.95 Amid Q2FY25 Results: Strong Growth in Quick Commerce
Swiggy share price jumped 10% to end at ₹541.95, a 52-week high on December 3rd 2024. This is in line with the company ...
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Swiggy's $1.4 bln IPO oversubscribed as investors bet on quick-commerce boom
The initial public offering (IPO) of food and grocery deivery app Swiggy Ltd is the second IPO in a year to raise over 100 billion Indian rupees. However, analysts expect the loss-making company ...
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Swiggy Q2 Results LIVE: Stock ends lower after the company reports net loss
Food and grocery delivery platform Swiggy on Tuesday reported a narrowing of loss at ₹625.53 crore on a consolidated basis in ...