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Swiggy shares jump 5% a day after Q2 results sparked a 17% crash. Why brokerages remain bullish despite target price cutsSwiggy shares rebounded nearly 5% after plunging 17% following its Q2FY27 results. While food delivery profitability improved, widening Ins...
Unacademy founders plan AI fund; Flipkart’s premium pushHappy Monday! Unacademy’s founders are raising a fund focused on AI and deeptech. This and more in today’s ETtech Morning Dispatch.
Eternal vs Swiggy: How the numbers stack up against each otherIn the recent quarter, Eternal's Blinkit achieved remarkable success with a net order value of Rs 20,940 crore, drastically outpacing Swigg...
Why did market fall today? Sensex, Nifty end the week in deep red. 4 key factors behind sharp selloffThe Indian stock market has witnessed losses for four consecutive sessions due to multiple factors. Oil prices have surged to $114 per barr...
This Tata Group stock plunged 10% a day after rallying 19% post Q2 results. Do you own?Tata Teleservices (Maharashtra) shares plunged on Friday, giving up some gains after rallying 19% in the previous session following its Q2 ...
Swiggy shares crash 14%, hit 52-week low after Q2 results. Here’s why Jefferies, Nomura, Bernstein cut target priceSwiggy Share Price: Swiggy experienced a notable decline in share prices after announcing a Rs 922 crore loss for the quarter. Revenue from...
Rs 9,000 crore wiped out in a day: Why Swiggy investors are losing patience with InstamartSwiggy shares plunged on Friday, wiping out around ₹9,000 crore in market value as widening Instamart losses overshadowed food delivery gro...
Swiggy narrows loss in Q2; eMudhra cofounder on what went wrongHappy Friday! Swiggy reported a rise in revenue in Q2 FY27 while cutting its losses. This and more in today’s ETtech Morning Dispatch.
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...
Swiggy’s Q2 report card; eMudhra to exit certificate bizSwiggy continued on its growth trajectory while bringing down losses in Q2FY27. This and more in today’s ETtech Top 5.
HPCL Q2 Results: Profit slips 6% YoY to Rs 3,625 crore, revenue jumps 26%HPCL reported Q2FY27 net profit of Rs 3,625 crore, recovering from a previous-quarter loss. Revenue rose 26.1% year-on-year, refining margi...
Swiggy’s India ownership shift could lift Instamart margins; Q2 loss widens to Rs 922 croreSwiggy is transitioning to an India-owned structure to gain greater control over its Instamart operations and improve margins. The company ...
Swiggy Q2 Results: Loss narrows YoY to Rs 922 crore; revenue jumps 36%Swiggy Q2 Result: Food delivery and quick commerce company Swiggy Ltd on Thursday said its consolidated profit after tax narrowed to Rs 922...
Eternal, Swiggy expected to report strong Q2 growth; quick commerce profitability in focusEternal’s adjusted revenue is expected to rise 72-73% year on year to around Rs 24,000 crore, while Swiggy’s is projected to grow 34-36% to...
Flipkart Internet’s revenue falls 19% YoY to Rs 16,295 crore in FY26Meanwhile rival Amazon India’s marketplace entity Amazon Seller Services reported a 15% increase in operating revenue to Rs 34,966.8 crore ...
From paneer to pizza, FSSAI puts India’s ₹200 lakh crore consumer boom to the test. Who pays?The FSSAI's escalated enforcement in consumer sectors in India has led to increased compliance costs for companies. Many brands are now ree...
ET Exclusive: Flipkart’s former suites write to Walmart board, seek fair treatment and full cash out of vested ESOPsA group of former senior Flipkart executives has urged Walmart to buy back their vested stock options. This request comes after the company...
Prosus in talks to invest Rs 150 crore in Swiggy Instamart challenger BazaarNowBazaarNow, founded by former Zepto executives Priyanshu Jain, Arjun Harish and Tarithmay Mandal, sells groceries and daily essentials, focu...
Rs 80,000 crore digital ad pie: Karan Taurani spots a hidden profit lever in new-age stocksIndia’s new-age internet companies may be sitting on a profit engine that investors are still not fully pricing in: advertising.