Swiggy544285Quick commerce, food
Swiggy slumped over 14% after its Q2 loss widened to 922 crore rupees, dragged by continued quick commerce losses and weak contribution margin
By ScoutQuest · · 1 min read
- Stock move today
- 14 percent
- Q2 net loss
- 922 crore rupees
Heard on business television between 13:36:52 - 13:39:52 IST.
- Stock fell more than 14% and hit a fresh 52-week low.
- Q2 loss widened to 922 crore rupees.
- Quick commerce growth seen slowing versus rival Eternal (Blinkit), and the business faltered on contribution margin.
- Food delivery business showed healthy growth but still lags market leader.
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Source: Live TV News Channel · 23 Oct 2026
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