Zomato has made history as the first Indian startup to join the Bombay Stock Exchange Sensex 30, replacing JSW Steel in the ...
Zomato's rival Swiggy, founded by Sriharsha Majety and Nandan Reddy came ... Avenue Supermarts slumps up to 9% on weak Q2: Should you buy, hold or sell DMart shares? DMart Q2 FY25 Results Preview: ...
Swiggy has been making strides in improving its financial performance. In Q2 FY25, the company reported a consolidated net loss of Rs 626 crore, a reduction of 4.72 per cent compared to the Rs 657 ...
Revenue from operations grew 30% year-on-year to ₹3,601.4 crore in Q2 FY25, from ₹2,763.33 crore in the corresponding period last year. Swiggy last week introduced its invite-only premium membership, ...
Food delivery and quick commerce services provider Zomato has received a tax demand notice of Rs 803 crore from the Goods and Services Tax (GST) department. In ...
reaching Rs 4,799 crore in Q2 FY25 from Rs 2,848 crore in Q2 FY24. The company also recorded a 4.8x increase in net profit to Rs 176 crore in the September quarter. Its arch-rival Swiggy posted Rs ...
Swiggy raked in a revenue of INR 60 Cr from the vertical in Q2 FY25, up 71% from INR 35 Cr in the year-ago period. In its investor presentation, Swiggy forecasted adjusted EBITDA break-even in the ...
The company’s net loss narrowed by 5% to Rs 625.5 crore in Q2, compared to a loss of Rs 657 crore in the previous year, though it was slightly higher than the Rs 611 crore loss reported in the ...
That does not guarantee that Q2 won’t just become more and more overbought, but it certainly increases the odds of some weakness. Turning to the daily chart, we see more pronounced weakness.
Insights from Q2 results indicate the same as well. On the face of it, Swiggy’s Q2 y-o-y revenue growth at 30 per cent is still much lower than Zomato’s 58 per cent. But looking into the ...
Blinkit’s gross revenue was ₹2,300 crore in FY24 (its gross order value averaged $3 billion at the end of Q2 FY25); Swiggy Instamart reported ₹1,088 crore with gross order value of $975 million in ...