Swiggy’s third-quarter revenue is expected to see a sequential improvement, but losses are projected to expand to around Rs 700 crore. Revenues are estimated to rise to Rs 4,035 crore, driven by growth in food delivery and quick commerce segments, despite competitive pressures and aggressive expansion.
Investors must moderate return expectations, stick to asset allocation: Nilesh Shah
Nilesh Shah of Kotak AMC remains optimistic about consumer discretionary spending, citing tax rebates, reduced EMI burdens, and the upcoming 8th Pay Commission. He favors
June 30, 2025