#quick-commerce
Swiggy Q2 loss narrows to ₹922 crore as revenue jumps 54%
Swiggy's Q2 net loss narrowed to ₹922 crore from ₹1,092 crore a year earlier. Revenue rose 54.4 per cent to ₹5,561 crore. Quick commerce revenue grew 33.3 per cent and food delivery 21.6 per cent.
Zomato-Blinkit parent Eternal nearly doubles Q2 profit as revenue jumps 78%
Eternal, the parent of Zomato and Blinkit, reported a consolidated net profit of Rs 125 crore for the September quarter, up 92.3% from Rs 65 crore a year earlier. Revenue from operations surged 77.6% to Rs 24,138 crore. The stock rose over 2% after the results.