Swiggy, Zomato face rising costs amid slowing growing in food delivery biz
- Posted on February 6, 2025
- By Financial Express
- 2 Views
Swiggy, Zomato face rising costs amid slowing growing in food delivery biz
In Q2 FY25, Zomato’s Blinkit was near break-even, but in Q3, its adjusted Ebitda margins slipped to -1%. Swiggy Instamart’s margins fell from -10.6% in Q2 to -14.8% in Q3.
