Swiggy reports Q2 loss of Rs 922 crore as Instamart revenue grows
Statements (10 of 15)
- Bearish
Brokers cut price targets for Swiggy following Q2 results.
- Bearish
Swiggy shares fell after the company reported losses that increased in intensity.
- Bearish
Analysts lowered their price targets for Swiggy following the reported performance.
- Bearish
Swiggy's revenue fell 15% in the second quarter, reaching a new low.
- Bearish
Swiggy shares fell over 8% after reporting a net loss of Rs 922 crore in Q2.
- Bearish
Swiggy's Q2 adjusted EBITDA losses widened to Rs 760 crore.
- Bearish
Motilal Oswal cut Swiggy's share price target after Q2 results
- Bullish
Swiggy's Instamart gross order value grew 16.7% sequentially to ₹9,230 crore in the second quarter of fiscal year 2027.
- Bullish
Swiggy's food delivery business adjusted EBITDA rose ₹101 crore year-on-year to ₹341 crore in the second quarter of fiscal year 2027.
- Bullish
Swiggy's consolidated revenue from operations rose 36% year over year to ₹7,571 crore in the July-September quarter
5 more statements on this development this week. The API returns all of them: GET /v2/statements?topic_id=72decc40-d3d6-4c59-ba99-2a22757cee75 Get a free API key ↗