India's Swiggy targets $1.05 billion in core earnings by fiscal 2031
India's Swiggy targets $1.05 billion in core earnings by fiscal 2031 Aug 6 (Reuters) - India's Swiggy SWIG.NS is targetting core earnings of 100 billion rupees ($1.05 billion) by fiscal year 2031, driven by growth in its food delivery and quick-commerce unit Instamart, the company said on Thursday.
($1 = 95.1525 Indian rupees)
(Reporting by Kashish Tandon in Bengaluru; Editing by Sonia Cheema)
((Kashish.Tandon@thomsonreuters.com; 8800437922;))
Recent news on Swiggy
See all newsIndia's Swiggy hits record low as deeper quick commerce losses disappoint investors
India Stocks: Indian shares subdued as rising crude prices eclipse IT gains
India's Swiggy falls to record low as quick-commerce losses widen (updated)
India's Swiggy falls after quick-commerce losses widen during second quarter
India's Swiggy to deepen Instamart presence in existing markets as losses widen (updated)