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The Economic Times

Business

Veer Sharma

Swiggy shares slide over 5% ahead of Q2 results. What are analysts saying?

Swiggy Anand Rathi Eternal Blinkit

Quick commerce and food delivery giant Swiggy saw its shares fall 5.2% to the day’s low of Rs 212 on the BSE on Thursday ahead of its second-quarter earnings for financial year 2027.

In Q1, Swiggy reported a consolidated net loss of Rs 791 crore for the first quarter of FY27, marking nearly a 34% year-on-year decrease from the Rs 1,197 crore net loss reported in the year-ago period.

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