Brokerage firm Motilal Oswal said in a post-earnings report that Swiggy's growth was faster than the category average set by Zomato over the medium term in the food delivery sector.

Swiggy share price jumped over 6% after the food and grocery delivery major reported its earnings for the second quarter of FY25, with a strong growth in revenue and narrowing of losses.

Swiggy shares rose 6.76 per cent to hit a high of Rs 534.85. At this price, the stock was 1.36 per cent away from a high Rs 542.10 it hit in the previous session.

Swiggy’s stock continued its upward trajectory, rising 3% to Rs 517 in early trade today, buoyed by the announcement of its Q2 FY25 results. This rally follows a 1.7% gain yesterday, with the stock closing at Rs 502 ahead of the eagerly anticipated earnings report.

The new-listed company reported a revenue increase of 11.77% quarter-on-quarter (QoQ) to Rs 3,601.45 crore and a year-on-year (YoY) growth of 30.33%. However, the company posted a consolidated net loss of Rs 625.

Swiggy's consolidated net loss marginally narrowed in the second quarter of financial year 2025 (Q2FY25) to Rs 625.5 crore from Rs 657 crore a year ago

Swiggy shares surged on Tuesday, ahead of the company’s Q2 result announcement. This will be the company’s first earnings report since its listing on November 13, 2024.

Food and grocery delivery firm Swiggy reported a narrower quarterly loss on Tuesday as the newly listed company saw robust order growth in both its food delivery and quick commerce segments. Swiggy, which made its trading debut on Nov.

Swiggy's food delivery business nearly doubled profitability, with adjusted EBITDA at Rs 112 crore, a 1.6% margin, and GOV growing 5.6% QoQ to Rs 7,191 crore. The company’s new 10-minute delivery service,