Zomato Shares Plummet as Q3 Results and Cautious Outlook Disappoint Investors; Swiggy Also Feels the Heat

Tuesday, January 21, 2025, by Rahul Kaushik

Zomato, one of India’s leading online food delivery platforms, has witnessed a significant downturn in its share prices following the release of its third-quarter (Q3) financial results for the fiscal year 2024-25. The company’s performance fell short of market expectations, leading to a sharp decline in investor confidence. This negative sentiment has also impacted Swiggy, … Read more

Swiggy’s Revenue Surges in Q2: Instamart Fuels Growth

Wednesday, December 4, 2024, by Rahul Kaushik

Swiggy, India’s leading food delivery and quick commerce platform, has announced its financial results for the second quarter of the current fiscal year (Q2 FY25). The company reported a significant 30.3% quarter-on-quarter growth in its operating revenue, which surged to Rs 3,601 crore compared to Rs 2,763 crore in the same period last year. Key … Read more