Fardin Khalifa’s Post

🚀 Swiggy Q2 FY25: A Step Closer to Profitability and Market Leadership 🚀 Swiggy has once again demonstrated its ability to adapt and thrive in a highly competitive landscape. Here are the highlights from its Q2 results: ✅ Food Delivery Resilience: GOV growth of 5.6% QoQ, with profitability doubling to ₹112 crore – a testament to operational excellence. ✅ Instamart's Rapid Expansion: A 24% QoQ growth, operational in 54 cities, and with three top cities already profitable, it’s on track for EBITDA profitability by Q3 FY26. ✅ Quick Commerce Progress: Losses reduced by 124 bps, showing Swiggy’s focus on efficiency in this high-growth segment. ✅ Dineout Growth: Losses reduced to ₹9 crore, while business grew 12% QoQ, indicating a successful integration and a promising trajectory. 📈 The Road Ahead: Swiggy’s focus on scaling operations, optimizing margins, and expanding its active retail area by 2.5x by 2025 shows a strong commitment to sustainable growth. Takeaway: Swiggy is balancing growth with profitability, ensuring long-term value for stakeholders. Quick commerce profitability remains the next big milestone, but the foundation being built today looks promising. 💡 What do you think about Swiggy’s strategy to tackle competition and lead in quick commerce? Share your insights below! #Swiggy #EarningsUpdate #BusinessGrowth #QuickCommerce #FoodDelivery #Instamart #LinkedInInsights

Swiggy Fundamental Analysis: Quick Facts Founded: 2013 (as Bundl Technologies), rebranded to Swiggy Ltd. Revenue: Primarily from commissions, ads, customer fees, delivery charges, and Swiggy One subscriptions. Reach: Food delivery spans 681 cities in India. FY24 Stats: ₹34,969 crore B2C Gross Order Value. Quick Commerce: Instamart (2020 launch) with over 19,000 SKUs. Dark Stores: 557 active locations across 32 cities. Delivery Network: ~4.5 lakh monthly transacting delivery partners. Swiggy One Membership: ~57 lakh members as of June 2024. Supply Chain: 🔹 2.66 million sq. ft. warehousing across 13 cities. 🔹 680 brand distribution partnerships. 🔹 Serving 87,000 retailers/wholesalers. #Swiggy has built a robust ecosystem combining technology and scale to transform convenience, backed by an innovative, user-focused strategy. #StockEdge #swiggyipo #indianstockmarket 

Swiggy has delivered impressive results for Q2 FY25, showcasing resilience and innovation in the food tech and grocery delivery space: 📊 𝐑𝐞𝐯𝐞𝐧𝐮𝐞 𝐒𝐮𝐫𝐠𝐞: The company reported a 30% YoY revenue increase to ₹3,602 crore, up from ₹2,763 crore last year, driven by a rising number of transacting users. 💡 𝐍𝐚𝐫𝐫𝐨𝐰𝐢𝐧𝐠 𝐋𝐨𝐬𝐬𝐞𝐬: Losses reduced by 5% YoY, standing at ₹626 crore compared to ₹657 crore in Q2 FY24. 👥 𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐔𝐬𝐞𝐫 𝐁𝐚𝐬𝐞: Monthly Transacting Users (MTU) grew by 1 million QoQ, reaching 17.1 million - a YoY increase of 19%. Sriharsha Majety, MD & Group CEO, attributes this growth to "strong innovation and execution", emphasising the company’s commitment to enhancing customer experience. 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬: 👉 𝐁𝐨𝐥𝐭: Swiggy’s 10-minute food delivery platform now accounts for 5% of all orders, reflecting a strong consumer response. 👉 𝐈𝐧𝐬𝐭𝐚𝐦𝐚𝐫𝐭: Operating in 54 cities, it delivers over 32,000 unique items in an average of 13 minutes, catering to urban households with unmatched convenience. 𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞: While Swiggy continues to focus on growth and innovation, its competitor Zomato posted ₹4,799 crore in revenue and ₹176 crore in profit in Q2 FY25. Swiggy’s debut public results highlight its drive to anticipate and respond to evolving consumer demands, ensuring convenience and excellence remain at the forefront. Quick commerce is reshaping urban consumption patterns, and Swiggy is leading the charge. Follow AC Agarwal for more market updates! #swiggy #business #fooddelivery #stockmarket

Impact. Innovation. Idea. It all starts there! As Swiggy celebrates its IPO today, I reflect on how much this brand has influenced daily life in India. Back during its launch in 2014, I could have hardly imagined the impact it would have on my everyday life. Now I end up using Instamart for getting groceries and quick items when I can't rush to the market and end up ordering food when Mrs. doesn’t want to cook. Also, their tribute video with countless doorbells ringing and the delivery boy standing outside, it felt like a fitting homage to their widespread reach and reliability. From a single order to a diversified service platform, Swiggy exemplifies innovation and resilience. Here’s to their continued success on this new journey! #IndianStartupStory #DigitalIndia #ConsumerTech #FoodTech #Ecommerce #BusinessSuccess

Exciting news from Swiggy! 🚀 After a hiatus of four years, Swiggy has relaunched its homestyle meal delivery service, Swiggy Daily. Originally introduced in 2019 and paused due to Covid-induced lockdowns, the service is back with a bang, now integrated directly into the main Swiggy app. Targeting consumers craving healthy, home-cooked meals at an affordable price, Swiggy Daily offers flexible subscription options ranging from three days to a month. This strategic move comes amidst growing competition in the home-style meal delivery space, with rivals like Zomato also expanding their offerings. Swiggy's resurgence reflects its commitment to innovation and adaptation. Amid preparations for its highly anticipated IPO, Swiggy has been streamlining its operations, recently merging Swiggy Mall with its quick commerce platform, Instamart. With an IPO filing in the works and impressive financials to boot—$1.02 billion in revenue during April-December 2023—Swiggy is poised for a groundbreaking journey ahead. Stay tuned as Swiggy continues to redefine the food delivery landscape! #Swiggy #SwiggyDaily #FoodDelivery #Innovation #IPO #HomestyleMeal #QuickCommerce

🌟 Exciting Milestone for Swiggy Limited! 🌟 Today, Swiggy Limited announced its first quarterly financial results since becoming a listed company, marking a significant moment in its journey of redefining convenience for millions of customers across India. 🚀 I’m thrilled to share analysis on the financial performance, key metrics that have been instrumental in Swiggy’s success. The report highlights: 📈 Quarter-on-quarter growth in Food Delivery and Instamart. 💡 Profitability and customer satisfaction. As Swiggy continues to evolve and scale, these results reflect its resilience, agility, and commitment to creating value for all stakeholders. 📥 Check out the report attached for an in-depth look at the financial numbers and insights. #Swiggy #FinancialResults #BusinessAnalysis #Growth #Innovation

IPO-bound Swiggy widened its consolidated net loss by over 8% to INR 611 Cr in the June quarter of the financial year 2024-25 (Q1 FY25) from INR 564.08 Cr in the year-ago period owing to a surge in operating costs 👇 However, Swiggy’s revenue from operations zoomed 35% to INR 3,222.2 Cr during the quarter under review from INR 2,389.8 Cr on the back of strong growth in its food delivery and quick commerce businesses. The food delivery vertical accounted for INR 1,518 Cr of Swiggy’s total operating revenue in Q1 FY25 as compared to INR 1,200 Cr in the corresponding quarter last year. The growth was primarily driven by an increase in gross order value (GOV) from INR 5,958.7 Cr in Q1 FY24 to INR 6,808.3 Cr in the Q1 FY25. To read the in-depth article, click here: https://lnkd.in/g7a8Vwjn #news #swiggy #financials

🚀 Swiggy’s Long-Term Vision: Redefining Hyperlocal Commerce 🍽️ Sriharsha Majety is steering Swiggy toward becoming the go-to app for consumers' daily needs, setting an ambitious goal: 100 million users completing 15 transactions monthly across food, groceries, medicines, and mobility. Majety’s in-house delivery network initially gave Swiggy a powerful edge, attracting significant investments and helping capture market share. However, a focus on high-level strategy has highlighted challenges in day-to-day execution and operations, key elements for any hyperlocal commerce business. Additionally, frequent turnover in Swiggy’s leadership has presented hurdles to maintaining momentum. As Swiggy pursues this ambitious vision, the big question remains: How will they strike the balance between strategic innovation and operational execution?

Swiggy vs. Zomato: Who's Leading the Race? Swiggy's revenue trails Zomato by 30%, with figures from FY24 showing Swiggy at $1.36 billion and Zomato at $1.46 billion. While Zomato turned a profit this quarter, Swiggy’s losses widened, particularly in quick commerce where Instamart lags behind Blinkit’s $112 million revenue. Swiggy Highlights: Tops in user return rate at 4.5 per month. Shifted to a profit of Rs 58 crore in food delivery, up from last year’s loss. With Swiggy showing signs of growth, will it be enough to overtake Zomato in the market race? I'd love to hear your predictions and analysis. #swiggy #zomato #marketstats #latest #technews #sundaypost

Swiggy's Milestone Achievement: ₹11,247 Crore Revenue in FY24 Exciting news from the food delivery and quick-commerce sector! Swiggy has recorded a 36% jump in its operating revenue, reaching an impressive ₹11,247 crore in FY24. This growth underscores the rapid expansion of the online delivery market in India and Swiggy's ability to innovate and stay competitive. Key Highlights: Food Delivery Growth: Swiggy's food delivery business saw a 17% rise, generating ₹6,100 crore. Quick-Commerce vertical: Instamart, Swiggy's quick-commerce vertical, contributed ₹1,100 crore gross revenue, marking a significant presence in this fast-growing space. Market Rivalry: The competition between Swiggy and Zomato remains fierce, with both platforms vying for dominance in food delivery and grocery delivery segments. Zomato reported ₹12,114 crore revenue in FY24, including ₹6,161 crore from food business & ₹2,301 crore from Blinkit, its quick-commerce venture. While Swiggy's growth trajectory is commendable, profitability remains a challenge, contrasting with Zomato, which reported a net profit of ₹351 crore. The quick-commerce space is heating up, with players like Blinkit, Zepto, and bigbasket.com competing for market share. It's a fascinating time for the food delivery industry, as companies focus on refining their operations and delivering more value to their customers. Source: Financial Times #Swiggy #Zomato #QuickCommerce #ECommerce #RevenueGrowth #DigitalTransformation #Leadership