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SWIGGY EARNINGS CALL
Swiggy Q2 revenue jumps 36%; loss narrows to Rs 922 croreThe company’s food delivery gross order value (GOV) increased 17.7% year-on-year to Rs 10,054 crore, up 5.9% from the previous month. Swigg...- Swiggy CEO Sriharsha Majety says rival Blinkit has the stronger flywheel, aims to fix basics before expandingHe said Swiggy’s priority is a stable business with “the clearest line of sight to Ebitda zero,” and that it would not use its cash reserve...
- ET Startup Awards 2026: Groww expects new businesses to reshape revenue mix as they scale: Lalit KeshreThe Bengaluru-based company was adjudged Startup of the Year at The Economic Times Startup Awards 2026 for scaling rapidly while maintainin...
- MDR on UPI coming soon; India's new class of robot workersHappy Friday! With a fee on UPI set to come into the picture soon, issuing banks are poised to claim the biggest slice. This and more in to...
- How Ather powered past Ola; Apple's first foldable iPhoneAther Energy has surpassed Ola Electric in sales and other metrics. This and more in today’s ETtech Top 5.
- The Economic Times Startup Awards 2026: And the big winners are…Happy Thursday! Top entrepreneurs and business leaders came together in Bengaluru on August 25 to pick the winners of The Economic Times St...
- Post-IPO deferral, Zepto targets higher average order value to cut lossesZepto is deviating from its earlier strategy of chasing order volume growth and is instead focusing on average order value (AOV), according...
- Ola Electric Q1 loss narrows; Swiggy makes amendsOla Electric posted an improved June-quarter performance as deliveries picked up. This and more in today's ETtech Top 5.
- Swiggy shares fall 6% in 2 days despite strong Q1 earnings. Should you buy, sell or hold?Swiggy shares declined six percent over two days despite reporting strong first-quarter earnings. The company's net loss decreased by thirt...
- Swiggy contra view: Why JM Financial downgraded the stock to 'sell' despite strong Q1 resultsBajaj Finance shares jumped 5% after the NBFC reported a strong Q1 FY27 performance, with standalone net profit rising 28% YoY to Rs 6,081 ...
- Swiggy Q1 losses narrow; Groww founders plan new fundHappy Friday! Swiggy lowered its losses in the April-June quarter as revenue rose. This and more in today’s ETtech Morning Dispatch.
- Swiggy’s Q1 loss narrows as Instamart's profitability push slows growthThe Bengaluru-based food and grocery delivery company said that its quick commerce unit Instamart, which became contribution level neutral ...
- 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...
- Swiggy doubled operating loss in H1 on quick commerce spends: ProsusBetween April-September 2025, the Instamart parent saw its adjusted earnings before interest, taxation, depreciation, and amortisation (Ebi...
- Swiggy to appoint two separate heads of finance for Instamart and food deliverySwiggy is restructuring its organisation and is set to appoint two new vice presidents to oversee finance for Instamart and its food delive...
- Swiggy Q2 operating revenue rises 30%, net loss falls marginallyFood 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...
- Swiggy HDFC Bank Credit Card revised cashback structure effective from June 21, 2024Swiggy HDFC Bank Credit Card: According to news reports, HDFC Bank has updated the cashback system of one of its most popular credit cards,...
- Zomato Gold returns with discounts on delivery and dining outAccording to company sources, the Gold membership is currently being offered on an invite-only basis. However, users with existing Pro memb...
- Swiggy delivery workers call off strike after firm seeks a week to respondSwiggy's management has sought one week’s time to address the delivery partners' grievances.
- Over 75 per cent of delivery partners back; serving 95% of city as of Aug 20: SwiggyBetween March and June, the company supported close to 40,000 delivery partners to the tune of Rs 18 crore.
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