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Swiggy Q3 Results Review: Motilal Oswal Reiterates 'Neutral' Stance On The Stock — Here's Why
Competition and expansion plans drags quick commerce profits, says Motilal Oswal
06 Feb 2025, 09:00 AM IST 
Swiggy delivered a revenue of Rs 39.9 billion in Q3 FY25 (up 11% QoQ) versus estimate of Rs 38.9 billion.
(Photo source: Vijay Sartape/NDTV Profit)
Market share gain in food delivery is encouraging; however, challenging macros continue to weigh on the food delivery business, and Swiggy believes growth could slow down for the industry as a whole despite the recent consumption push.
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