Swiggy544285Quick commerce, food
Swiggy's quick commerce growth and margins continued to lag rival Blinkit, with the stock hitting a record low since listing
By ScoutQuest · · 1 min read
- Quick commerce growth
- 33 percent
- Blinkit quick commerce growth
- 70 to 80 percent
- Contribution loss quick commerce
- 1 percent
- Blinkit contribution margin
- 5.3 percent
- EBITDA margin guidance
- 5 percent
Heard on business television between 08:27:37 - 08:30:37 IST.
- Swiggy's overall guidance remained 18-20% growth with 5% steady state EBITDA margins.
- Quick commerce growth was 33% versus Blinkit's close to 70-80%.
- Contribution loss in quick commerce was 1%, compared to breakeven in the same quarter last year.
- Blinkit's quick commerce contribution margin was around 5.3%, widening the gap with Swiggy.
- The stock was noted to be at its record low since listing, with most brokerages pushing out profitability expectations.
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Source: Live TV News Channel · 23 Oct 2026
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