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Swiggy's Shares Dip Despite Revenue Surge

02 Aug, 2025

Swiggy's shares fell by 4% to Rs 386 after the company reported a staggering 96% increase in net loss, reaching Rs 1,197 crore in Q1 FY26. However, its revenue surged 54% YoY to Rs 4,961 crore. Despite the losses, brokerages like Jefferies and Morgan Stanley remain optimistic, upgrading Swiggy's stock ratings, citing strong growth in food delivery and quick commerce. The CEO noted that Q1 is typically a low season for delivery partners but expects profitability to improve as the year progresses, indicating a brighter future for the company.

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