Swiggy shares plunge 7% after Q4 results. What are Nomura, Citi and others saying?
Swiggy shares nosedived 7% to the day’s low of Rs 261 on the BSE on Monday after the food delivery and quick commerce giant reported a net loss of Rs 800 crore for the fourth quarter of FY26. However, the loss narrowed from Rs 1,081 crore reported in the corresponding quarter of the previous financial year.
The company released its results post-market hours on Friday. While net loss contracted, revenue from operations rose 45% year-on-year (YoY) to Rs 6,383 crore in the January-March quarter of FY26.
