
Mumbai8 minutes ago
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Online food delivery platform Swiggi suffered a loss of Rs 799 crore in the third quarter of FY 2024-25. In the same quarter of last year, the company lost Rs 574 crore. The company’s deficit has increased by 39% on an annual basis.
In the October-December quarter, the company’s operation increased by 31% to Rs 3,993 crore. In the same quarter of last year i.e. October-December 2023-24, the company generated a revenue of Rs 3,049 crore.
Swiggy was listed in the stock market on 13 November 2024
The earnings from selling goods and services are called revenue or revenue. Swiggy was listed in the stock market on 13 November 2024, since then its stock has fallen by 2%.
Company shares fell by 3.5% to 418 rupees today
Today, the company’s stock has closed at Rs 418 with a decline of 3.5%. In the last 1 month, the company’s stock has fallen 21%, 8% in six months and 8% in a year. The company’s market cap is 94.68 thousand crores.
