Page 3 - Swiggy

Swiggy revenue rises to ₹6,148 cr in Dec quarter as losses widen 33%

December-quarter revenue surged across food delivery and logistics, though aggressive spending on quick commerce widened losses year-on-year

Swiggy Q3FY26 results: Net loss widens to ₹1,065 crore, revenue up 54%

Swiggy's quick commerce GOV rose 103.2% Y-o-Y to ₹7,938 cr while its average order value increased about 40 per cent to ₹746

Swiggy enables grocery, food delivery via ChatGPT, other AI tools

Swiggy now lets users order food, groceries and book restaurant tables directly via AI tools like ChatGPT and Gemini, using MCP integrations with cash-on-delivery payments

How will food delivery platform Swiggy fare in Q3FY26? Brokerages decode

Swiggy Q3 results preview: Brokerages tracked by Business Standard estimate Swiggy's net loss to average ₹983.23 crore, compared with a net loss of ₹693.6 crore a year ago

Restaurant stocks trade weak; Jubilant FoodWorks, Devyani hit 52-week lows

Meanwhile, shares of the food delivery platform companies Swiggy and Eternal (formerly Zomato) were down 3 per cent and 2 per cent, respectively on Thursday.

GRSE, Swiggy, Jio Fin, 2 other stocks form 'Death Cross', show tech charts

In general, 'Death Cross' is considered as a bearish indicator. Technical analyst, Hitesh Tailor examines GRSE and Jio Financial stock charts and explains why the bias seems negative here.

No global expansion plans, yet to tap 85-90% of India's market: Swiggy

Anticipating sustained growth in its food delivery business, a top Swiggy executive said the company has yet to tap 85-90 per cent of the market in India, and there are no plans for global expansion yet, given the huge potential available back home. Speaking to PTI here on the sidelines of the World Economic Forum Annual Meeting, Swiggy's Food Marketplace CEO Rohit Kapoor said India still represents a fairly large opportunity for change, as there is nothing on the cards right now for global expansion. And opportunities are there, not just in food but also in multiple other businesses across the country, he said. In food, particularly, we have been guiding the markets to an 18-20 per cent growth rate year-on-year, and I think trends are holding up to that even if you look at our last quarter numbers, he said. Asserting that the food penetration level in India is way below not just Western numbers but even some Southeast Asian and Asian countries, he said this creates a huge ...

10-minute delivery promise fades for consumers, riders see no change

Delivery workers say companies have not communicated any changes to timelines or incentives, even as quick-commerce platforms remove 10-minute delivery claims from consumer-facing apps

Blinkit drops 10-minute delivery promise after labour ministry nudge

While there is no law yet prohibiting these platforms from advertising 10-minute delivery, the message has been conveyed through government intervention, says sources

US-based Bernstein sees volatile 2026 for India's e-commerce market

Leaders Blinkit and Swiggy face intense competition and unpredictable margins as investors weigh long-term potential in India's fast-growing quick-commerce sector, Bernstein says

Govt urges qcom firms to drop '10-minute delivery' branding: Reports

Union Labour Minister Mansukh Mandaviya reportedly held a series of meetings with quick-commerce companies and urged them to discontinue the branding associated with ultra-fast deliveries

Eternal's growth rate, risk-reward make it the preferred qcom bet

Competitive pressure in quick commerce to intensify in 2026

Premier Energies hits all-time low, stock down 33% from October high

Premier Energies stock has shed 10% in the last 5 trading sessions post entry in the F&O segment; Waaree Energies and Swiggy are also down 11% and 9%, respectively.

Swiggy slips 5%, falls below QIP price; why is the stock under pressure?

The stock price of Swiggy was quoting lower for the third straight trading day, falling nearly 8 per cent. The stock has now dropped below the QIP issue price of ₹375 per share.

Stocks to Watch today, Jan 6: Axis Bank, Swiggy, Trent, IndusInd Bank, HPCL

Stocks to Watch today, January 6, 2026: From Swiggy to Axis Bank, here are key stocks that will be in focus today

Swiggy launches EatRight in over 50 cities, targets health-conscious users

Swiggy on Monday announced the launch of EatRight, a new category targeting health-conscious users across more than 50 cities by offering them health-focused food options like high protein, low calorie and no added sugar under a single umbrella. The food delivery platform also shared insights based on its orders, revealing that Tier-2 cities in India witnessed 2x growth year-on-year in healthy food ordering as compared to metropolitan cities, with Chandigarh, Guwahati, Ludhiana, and Bhubaneswar leading the way. EatRight will offer over 1.8 million dishes available from over 2 lakh restaurants. Deepak Maloo, Vice President, Food Strategy, Customer Experience & New Initiatives, Swiggy, said, "With EatRight, we are offering food options that blend seamlessly into a user's regular ordering habits, removes decision fatigue through clear categorisation and integrates healthier choices naturally into everyday food ordering". In a statement, Swiggy said its partner brands are also ...

Earnings revival to boost Indian equities in CY26; SBI, Infy top MOFSL bets

Motilal Oswal said the Nifty is trading at a 12-month forward P/E of 21.2x, near its long-period average of 20.8x, suggesting valuations are reasonable.

New Year's Eve frenzy: Grapes, biryani, pizzas among most-ordered items

The surge in sales activity, across different platforms, came even as gig worker unions had called a nationwide strike

Swiggy, Zomato see New Year's Eve order surge despite gig workers' strike

Food delivery aggregators Swiggy, Zomato and magicpin on Thursday said they recorded a massive surge in orders on New Year's Eve, even as a section of gig workers went on strike demanding better pay-outs and improved working conditions, with the agitation having a negligible impact on their operations. The Gig & Platform Service Workers Union (GIPSWU) said over 1 lakh workers from 22 cities joined the strike, including 14,000 of its members from major cities like Delhi, Mumbai, and others. However, according to estimates, there are over 12.7 million gig workers in India, with government think tank NITI Aayog saying the gig workforce is expected to rise to 23.5 million by 2029-30. India's third-largest food delivery platform magicpin said lakhs of orders poured in every hour across metros on New Year's Eve. In a post on X, Eternal Founder Deepinder Goyal said, "Zomato and Blinkit delivered at a record pace yesterday, unaffected by calls for strikes that many of us heard over the ...

Consumers drive quick commerce, food delivery sales on New Year's Eve

Quick commerce and food delivery platforms saw an uptick in New Year's Eve demand, with grapes searches surging on Instamart and purchases spiking on Zepto