Brief: Swiggy Says Transition To Indian Owned, Controlled Entity Will Give A Net Margin Benefit Of About 80 Bps
Today 11:40
BRIEF-Swiggy Says Transition To Indian Owned, Controlled Entity Will Give A Net Margin Benefit Of About 80 Bps Oct 22 (Reuters) - Swiggy Limited SWIG.NS:
TRANSITION TO INDIAN OWNED, CONTROLLED ENTITY WILL GIVE A NET MARGIN BENEFIT OF ABOUT 80 BPS
DON'T EXPECT COMPETITIVE INTENSITY IN SECTOR TO EASE IN NEAR-TERM WITH HORIZONTAL E-COMMERCE MAJORS ALSO PARTICIPATING THROUGH FESTIVE QUARTER
Source text: [ID:]
Further company coverage: SWIG.NS
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Swiggy
See all newsIndia's Swiggy to deepen Instamart presence in existing markets as losses widen (updated)
Brief: Swiggy Says Transition To Indian Owned, Controlled Entity Will Give A Net Margin Benefit Of About 80 Bps
India's Swiggy posts bigger-than-expected quarterly loss
Citi sees stronger food-delivery momentum at Swiggy citing Eternal commentary
Preview: India's Eternal quarterly results tied to Blinkit growth as AI risk looms, analysts say