Page 8 - Swiggy

Swiggy Q4 results: Loss widens to ₹1,081 cr despite record Instamart growth

Quick commerce drives 45 per cent revenue growth at Swiggy in Q4FY25 but expansion costs and elevated incentives push adjusted EBITDA loss to ₹732 crore

Swiggy Q4 result: Loss almost doubles to ₹1,081 cr, revenue jumps 45%

Swiggy Q4 FY25 result: Swiggy's consolidated loss for the entire year widened to ₹3,116.8 crore compared to ₹2,350.2 crore in FY24

Q4 results today: Swiggy, Dr Reddy's among 69 firms on May 9; see full list

Q4 FY25 company results today: Birla Corporation and MapmyIndia will be among 69 companies to post earnings reports for the January-March quarter on May 9

Stocks to Watch today, May 9: Britannia, Swiggy, Titan, Kalyan Jewellers

Stocks to Watch on May 9, 2025: Britannia, REC, Titan, Kalyan Jewellers, Paytm are among stocks that will remain on investors' and traders' radar today

Swiggy Q4 results preview: Will losses widen? Here's what brokerages expect

Swiggy Q4 results preview: Analysts project a 36% YoY revenue rise for the food delivery platform, but warn that losses may deepen amid rising expenses

Swiggy soars 10% on heavy volumes; logs sharpest intra-day rally in 2025

The average trading volumes at the counter jumped nearly eight-fold; with a combined 33.3 million equity shares representing 1.5% of the total equity of the company changing hands on the NSE and BSE.

Swiggy Bolt expands to 500 cities as Zomato shuts down 'Quick' service

Swiggy Bolt now handles one in every ten food orders on the platform, marking rapid expansion even as rival Zomato discontinues its instant delivery service 'Quick'

Swiggy expands 10-minute food delivery service 'Bolt' to over 500 cities

Swiggy on Friday said its 10-minute food delivery service 'Bolt', which was launched in October last year, is now operational in more than 500 cities across the country. Presently, at least one in every 10 food delivery orders delivered by Swiggy are delivered using the 'Bolt' service. The offering is now available in over 500 cities across India. Swiggy's scaling up of 'Bolt' comes at a time when its rival Eternal, formerly Zomato, has announced shutting down of the 'Zomato Quick' offering, stating it is not seeing the path to profitability without compromising on customer experience, observing that the current restaurant density and kitchen infrastructure is not set up for delivering orders in 10 minutes, leading to inconsistent customer experience. Swiggy Food Marketplace CEO Rohit Kapoor said, "Bolt fits into the way people live today. You're hungry, you want something now, and you don't want to compromise. We built Bolt for that moment. Seeing it scale to 500-plus cities in ju

NRAI dials Rapido to challenge dominance of Swiggy, Zomato in food delivery

Initially launched as a ride-hailing platform, Rapido is eyeing to enter food delivery to challenge the dominance of Swiggy and Zomato

ONDC & NRAI working together to shape a robust framework for food business

Several restaurant members had told Business Standard that there could be a tie-up with Rapido

Cooperation ministry signs MoU with Swiggy Instamart to market products

The cooperation ministry has signed a memorandum of understanding with Swiggy Instamart to onboard cooperative dairy and other products on the e-commerce platform. Under the agreement, products under Bharat Organics and other cooperative dairy products will be available on Swiggy's e-commerce and q-commerce platforms. The agreement was signed on Friday by Swiggy Instamart CEO Amitesh Jha and Joint Secretary of the ministry D K Verma, with Cooperation Secretary Ashish Kumar Bhutani present at the ceremony. "The signing of MoU will facilitate cooperatives to connect to new age customers through new age technologies," the ministry said in a statement. Swiggy will create a dedicated "Cooperative" category on its platform, featuring organic products, dairy, millets, handicraft and other items developed by cooperative organizations. The partnership aims to support cooperative brands in marketing, promotion, consumer technology and capacity building, according to the ministry. The ...

Swiggy tanks 6% on heavy volume, nears record low; Key reasons for fall

FPIs' stake in Swiggy declined to 4.9% in the March 2025 quarter from 6.2% at the end of December 2024 quarter, shows the shareholding data.

Delhi HC seeks response from Swiggy, Zepto, Meity on PwD accessibility plea

The petition has been filed by Mission Accessibility, an NGO advocating the rights of persons with disabilities

Delhi High Court seeks response from CCI and Zomato on NRAI plea

Plea challenges its exclusion from the confidentiality ring giving access to CCI probe documents

Anchor lock-in expiry to unlock ₹2.36-trn worth shares in April-May 2025

Here are the complete details of the companies that will see the lock-in expiry of equity shares held by anchor investors, along with their estimated value and lock-in expiry dates

Here is why Swiggy shares were buzzing in trade on Wednesday, April 16

Swiggy has signed a Memorandum of Understanding (MoU) with the Ministry of Labour & Employment as part of its overall approach to increase job creation through public-private partnership

Stocks to Watch Today, April 16: IndusInd Bank, ICICI Lombard, IREDA

Stocks to Watch Today, April 16: IndusInd Bank, Adani Total Gas, ICICI Lombard, IREDA are some of the top stocks to watch today

Swiggy partners with labour ministry to create 1.2 million jobs in 3 years

The Union government has partnered with Swiggy to enhance job opportunities and streamline recruitment through its NCS portal

Swiggy launches AI-powered Pyng app, enters professional services market

At the core of this experience is Pyng's Smart AI Assistance. It understands user queries and their nuances to recommend the most relevant professionals as per individual needs

Swiggy launches Pyng, a new app to connect users with professionals

This marks Swiggy's entry into the growing market of professional services. As of now, Pyng is available to users in Bengaluru