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The Economic Times
The Economic Times
Disha Acharya

ETtech Explainer: Why is Swiggy stock tanking after its Q4 results?

Food and grocery delivery platform Swiggy saw its stock fall about 7% to close at Rs 263.95 on Monday after announcing its fourth quarter FY26 results on Friday.

The Bengaluru-based company reported a 45% year-on-year rise in operating revenue for the March quarter to Rs 6,383 crore. It also narrowed its net loss by 26% YoY to Rs 800 crore, aided by controlled losses in its quick commerce business.

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