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SWIGGY EARNINGS
Instamart operating-level breakeven hinges on order volumes expanding 2.5xFor the first quarter of FY27, Instamart broke even at the contribution margin level, in line with the guidance the company had provided fi...- Swiggy Q1 Results: Net loss narrows to Rs 791 crore; revenue jumps 37% YoYSwiggy Q1 Results: Swiggy narrowed its Q1FY27 consolidated net loss by 34% year-on-year to Rs 791 crore, while revenue from operations rose...
- Ahead of Market: 10 things that will decide stock market action on ThursdayIndian equities rallied sharply as Sensex gained 889 points and Nifty topped 24,250, adding over Rs 4 lakh crore in market value. Strong II...
- Ownly eyes multi-city expansion as Swiggy, Zomato backlash growsOwnly has onboarded around 25,000 restaurants so far and is seeing an average order value (AOV) of Rs 200-220, roughly half that of incumbe...
- KPIT Tech Q1 Results: Shares rally 10% even as net profit drops 32% YoY to Rs 117 crore. Here's whyKPIT Technologies reported a 32% YoY decline in Q1 FY27 net profit to Rs 117 crore, but its shares surged 10% to Rs 662.65 as revenue grew ...
- Nykaa appoints ex-Instamart COO Ankit Jain to lead quick commerce businessAnkit Jain has taken the helm of Nykaa Now, the company’s quick delivery service, in a bold strategic move. Nykaa intends to broaden its 30...
- Flipkart’s food delivery foray; Swiggy CEO on qcomm competitionFlipkart will launch its food delivery pilot next month, CEO Kalyan Krishnamurthy said. This and more in today’s ETtech Top 5.
- Infosys’ next CEO; Swiggy renews Indian-ownership bidInfosys announced on Thursday that company veteran Ashiss Kumar Dash will be the CEO from April 2027. This and more in today’s ETtech Top 5.
- Eternal’s Q1 net profit jumps 4x YoY on rising Blinkit profitabilityThe sharp rise in revenues was driven by Eternal-owned quick commerce platform Blinkit's transition to the inventory model, which changed i...
- Eternal Q1 profit jumps 4x; Meta blocks Delhi protest contentEternal reported a significant jump in its revenue and profit for the first quarter of FY27. This and more in today’s ETtech Top 5.
- Bistro sees limited impact from Swiggy's Toing, Rapido's Ownly: Deepinder GoyalOn the impact of the competition from Toing and Ownly, Deepinder Goyal said, “The impact has been limited. These platforms are offering the...
- Zomato's Deepinder Goyal shrugs off Rapido, Swiggy's budget food betsEternal's CEO Deepinder Goyal downplayed competition from Rapido and Swiggy's budget food delivery services. He stated these low-cost offer...
- FIFA World Cup final drives online sales for D2C brands and restaurantsOnline delivery platforms and restaurants experienced increased orders ahead of the FIFA World Cup final. Quick commerce apps offered disco...
- Techie quits Rs 1.5 lakh Mumbai job, claims to earn Rs 4 lakh after one bold decision. His financial strategy has left internet dividedA viral X post claiming that a techie quit his Rs 1.5 lakh-a-month Mumbai job, moved back to his hometown and now earns around Rs 4 lakh ev...
- Zepto may downsize IPO; Tata's legacy chip betZepto is considering slashing the size of its public issue amid pushback from domestic investors. This and more in today’s ETtech Top 5.
- Samir Arora-backed Helios Flexi Cap Fund adds Groww and 5 others, increases stake in HDFC Bank and 14 moreHelios Flexi Cap Fund added Groww's parent company and five other stocks in June. The fund also increased its stake in HDFC Bank and 14 oth...
- How expensive is life at IIM Ahmedabad? MBA student breaks down every major monthly expense from food and transport to subscriptions and haircutsAn IIM Ahmedabad MBA student has shared a detailed breakdown of his ₹24,000 monthly expenses, offering a glimpse into the day-to-day cost o...
- ETtech Explainer: Why quick commerce business models are under scrutinyUnder India’s foreign direct investment (FDI) rules, companies with a majority foreign ownership can only operate on a marketplace model. I...
- Dmart recasts strategy as rapid delivery competition intensifiesDMart has scaled back its e-commerce footprint, exiting underperforming cities to focus on metros as competition intensifies in India’s rap...
- ETtech Explainer: Has Swiggy become Indian-owned after a drop in foreign ownership?The IOCC status will allow Swiggy’s quick commerce arm Instamart to own inventory, thereby improving margins and supply chain control. Howe...
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