Swiggy vs Zomato Q1: Eternal, Blinkit outperform as Swiggy’s net loss doubles to Rs 1,197 crore
Swiggy Platforms Ltd. on Thursday reported a sharp uptick in losses for the April-June quarter of FY26, posting a consolidated net loss of Rs 1,197 crore, nearly double the Rs 611 crore loss recorded a year ago. Its shares slumped nearly 4 per cent the next day (Friday) and continued to trade about 36 per cent below their 52-week high, reflecting investor…