Swiggy’s quarterly loss narrows on food delivery gains, misses estimates
Swiggy reported a narrower second-quarter loss, helped by improving profitability in its food delivery business, but the result fell short of analyst expectations.
India's Swiggy NSE:SWIGGY reported a narrower second-quarter loss on Thursday, helped by improving profitability in its food delivery business, although the result fell short of analyst expectations.The quick-commerce and food delivery firm posted a consolidated net loss of 9.22 billion rupees ($97…