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    Swiggy Q2 Results: Loss narrows YoY to Rs 922 crore; revenue jumps 36%

    Swiggy Q2 Result: Food delivery and quick commerce company Swiggy Ltd on Thursday said its consolidated profit after tax narrowed to Rs 922 crore in the second quarter of FY27 from Rs 1,092 crore in the same quarter of last year. However, on a sequential basis, losses increased from Rs 792 crore posted in the preceding June quarter.

    Want an early signal on the economy and stocks this festive season? Watch 19 stocks, and what their managements say in the next 20 days

    There is a set of companies that sees the shape of the economy before economists do. They know when a household decides to spend or hold back; to buy better things or cheaper ones. This festive season, what these companies sell, and what they say about it afterwards, will tell you more about where consumption is headed than any official number. Watch them closely. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members.

    New indicator for New India: 25 stocks whose numbers can reveal what is in store for the economy and the stock market

    For decades, there was a familiar way to understand the Indian consumer. Economists waited for GDP, industrial production, inflation, credit growth and other official numbers, and then used them to work out whether households were spending more or pulling back. Those indicators still matter. But the Indian consumer has changed faster than the dashboard used to track consumption and spending patterns. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members.

    Swiggy shares fall 2%, down for 3rd session, as MSCI set to remove stock from Global Standard Indexes from September 7

    Shares of Swiggy experienced a decline following MSCI's decision to exclude the company from global indexes, prompted by its shift to full Indian ownership and control. The new foreign ownership constraints limit further investments. Swiggy is targeting robust adjusted EBITDA growth by FY31, even as it reported a net loss while revenues showed an uptick in Q1 FY27.

    Swiggy shares jump nearly 3% as company targets Rs 10,000 crore adjusted EBITDA by FY31

    Swiggy shares rose after the company unveiled an ambitious FY31 roadmap targeting Rs 10,000 crore in Adjusted EBITDA. It aims to more than triple consolidated GOV to Rs 2.5 lakh crore from Rs 67,734 crore in FY26, driven by food delivery, Instamart and Dineout.

    RCB on the ground, ₹2.1 lakh bill on the table & 6,200 peak orders in a minute on the app: India's IPL food obsession revealed

    IPL 2026 fueled a massive surge in food delivery and restaurant bookings across India. Swiggy reported significant jumps in orders and reservations, with major cities like Bengaluru and Mumbai leading the charge. Popular dishes included biryani and desserts, while large group dining saw substantial spending, proving cricket's strong link to culinary consumption.

    The Economic Times
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