Brokerage firm Motilal Oswal said in a post-earnings report that Swiggy's growth was faster than the category average set by Zomato over the medium term in the food delivery sector.

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Zomato, Swiggy's old rival, had posted a revenue of Rs 4,799 crore and had a profit after tax of Rs 272 crore during the September quarter.

Swiggy shares closed over 3% higher on Wednesday after the food delivery platform reported a narrowing of its net loss in the second quarter. The company also announced plans to achieve positive adjusted EBITDA by the third quarter of FY26.

Swiggy's consolidated net loss marginally narrowed in the second quarter of financial year 2025 (Q2FY25) to Rs 625.5 crore from Rs 657 crore a year ago

Shares of Swiggy jumped over 6% to INR 534.85 apiece on the BSE during the intraday trading today (December 4) after the foodtech major narrowed its consolidated net loss by 4.78%

Swiggy share price rose as much as 6.57% during the day to Rs 534.80 apiece on the NSE. It was trading 3.29% higher at Rs 518.35 apiece, compared to an 0.15% advance in the benchmark Nifty 50 as of 9:28 a.m. It has risen 13.32% in the last 12 months. The relative strength index was at 64.85.

Swiggy's Q2 financials show a reduced net loss at Rs 625.53 crore with revenue from operations rising to Rs 3,601.45 crore. The company predicts achieving positive adjusted EBITDA by Q3 FY26. Its board approved a Rs 1,

Swiggy, India’s leading food and grocery delivery platform, reported its second-quarter FY25 results, marking its first financial results since going public. For the period from July to September 2024,

One of the top quick-commerce and food delivery services in India, Swiggy, has announced its Q2 FY25 financial results, which show both significant revenue growth and profitability issues.

Swiggy’s stock continued its upward trajectory, rising 3% to Rs 517 in early trade today, buoyed by the announcement of its Q2 FY25 results. This rally follows a 1.7% gain yesterday, with the stock closing at Rs 502 ahead of the eagerly anticipated earnings report.