Swiggy healthy financial picture in first 9 months of FY24

Hot Deals:

ador powertron 500.00 (4,900.00 %) amol minechem 601.00 (0.17 %) anglo french drugs 950.00 (2.15 %) anugraha valve 525.00 (2.94 %) apl metals 40.00 (-2.44 %) apollo fashion 111.00 (0.91 %) arkfin investments 50.00 arohan 255.00 (2.00 %) assam carbon 315.00 (1.61 %) avalokiteshvar 242.00 (0.83 %) axles india 660.00 (1.54 %) balmer lawrie 200.00 (-0.99 %) bharat hotels 380.00 (1.33 %) bima mandi 235.00 (-2.08 %) bira 550.00 (-0.90 %) blsx limited 32.00 (3.23 %) boat 1,380.00 (-1.43 %) c & s electric 900.00 (2.27 %) cable corporation 13.00 (-0.76 %) capgemini 12,900.00 (0.78 %) care health 183.00 (-1.08 %) carrier aircon 545.00 (0.93 %) cial 440.00 (-1.12 %) csk 205.00 (-2.38 %) dalmia refract 260.00 (-1.89 %) dfm foods 467.00 dsp merrill lynch 1,000.00 east india pharma 39.00 (-2.50 %) eaton fluid 445.00 (1.14 %) electronica plastic 4,100.00 (2.50 %) elgi ultra 400.00 elofic industries 2,475.00 (-1.00 %) esl steel 46.00 (1.10 %) fincare business 87.00 (1.16 %) fincare sfbl 205.00 (1.49 %) finopaytech limited 139.00 (-0.71 %) flipkart india 231,001.00 (0.00 %) frick india 27,000.00 (1.89 %) gkn driveline 1,515.00 (1.00 %) godavari bio 71.00 (1.43 %) goodluck defence 310.00 (3.33 %) group pharma 300.00 gynofem healthcare 59.00 (-1.67 %) hazira cargo terminals limited 205.00 (1.49 %) hdb financial 1,240.00 (1.64 %) hdfc ergo 370.00 (1.70 %) hdfc securities 11,600.00 (0.87 %) hella india 925.00 (1.65 %) hero fincorp 1,940.00 (-0.51 %) hexaware 980.00 (3.16 %) hicks 1,575.00 (1.61 %) hira ferro 195.00 (2.09 %) honeywell electrical 6,300.00 (0.80 %) ikf finance 312.00 (0.65 %) incred financial 10.00 (1.01 %) incred holdings 155.00 (-0.64 %) india carbon 1,120.00 (-1.32 %) india exposition 121.00 (0.83 %) indian potash 3,150.00 (-1.56 %) indian seamless 195.00 (2.63 %) indo alusys 25.75 (-0.96 %) indofil 1,350.00 (2.27 %) infinite computer 405.00 (1.25 %) inkel 23.00 (-4.17 %) jana small finance bank 75.00 kel 600.00 (-1.64 %) kial 145.00 (-0.68 %) klm axiva 15.10 (0.67 %) kurlon limited 1,275.00 (1.59 %) lava 45.00 (-2.17 %) mahindra rural mrhfl 100.00 manipal housing 74.00 (2.07 %) manjushree technopack 950.00 (2.70 %) martin & harris 880.00 (-3.30 %) matrix gas 875.00 (-1.69 %) merino 3,300.00 (-0.75 %) minosha 282.00 (0.71 %) mitsubishi heavy 207.00 (-0.48 %) mkcl 415.00 (1.22 %) mobikwik 630.00 (1.61 %) mohan meakin 2,200.00 (-2.22 %) mohfl 13.75 (1.85 %) msei 1.15 (-4.17 %) msil 34.00 (3.03 %) nayara energy 650.00 (-0.76 %) nayara energy ncd 315.00 (3.28 %) ncdex 200.00 (-2.44 %) ncl buildtek 320.00 (3.23 %) ncl holdings 106.00 (0.95 %) northern arc 400.00 nsdl 850.00 (3.03 %) nse india 6,000.00 (0.84 %) onix renewable 9,950.00 (-0.50 %) orbis financial 380.00 (1.33 %) oswal minerals 60.10 (-1.48 %) otis elevator 3,800.00 (2.70 %) oyo rooms 48.00 (-2.04 %) panasonic appliances 262.00 (0.77 %) paymate india 520.00 (-0.95 %) pharmeasy 8.50 (3.03 %) pharmed limited 610.00 (1.67 %) philips domestic 700.00 (-1.41 %) philips india 925.00 (2.78 %) pnb metlife 70.00 proyuga adtech 25.00 purity flexpack 20.00 ramaraju surgical 255.00 (2.00 %) rapido 16,650.00 (0.03 %) rasoi 31,500.00 (0.32 %) reliance gic 520.00 (-0.95 %) resins plastics 475.00 (3.26 %) ring plus aqua 530.00 (0.95 %) rrl 1,275.00 (2.00 %) rrp s4e innovation 345.00 (-1.43 %) sab miller 515.00 (0.98 %) sbi amc 2,375.00 (-1.04 %) sbi general insurance 621.00 (0.16 %) scottish assam 505.00 (1.00 %) shriram life 261.00 (0.38 %) sigachi laboratories 36.00 (-2.70 %) signify 1,350.00 (3.05 %) smile microfinance 51.00 (-1.92 %) sterlite power 760.00 (0.66 %) studds 950.00 (1.06 %) svsml 315.00 (2.94 %) swiggy limited 490.00 (2.08 %) t stanes 790.00 (-2.47 %) tata capital 860.00 (2.38 %) teesta agro 77.00 (-6.21 %) trl krosaki 1,700.00 (-0.58 %) urban tots 64.00 (-1.54 %) utkarsh coreinvest 300.00 (-1.64 %) vikram solar 310.00 (1.64 %) vivriti capital 1,100.00 (-2.22 %) waree energies 2,350.00 (2.17 %)

IPO Prep: Swiggy paints a healthy financial picture in first 9 months of FY24

Swiggy Limited

Created at 27 Mar 2024 10:47

Swiggy, a foodtech and rapid commerce decacorn, plans to go public this year and is going to great lengths to show a strong financial picture. In the current fiscal year (FY24), the corporation appears to be growing at a consistent rate of 25-30% per year. Swiggy's income from operations in the first nine months of FY24 was Rs 5,476 crore, according to a document prepared on its behalf by an investment banker. While the firm recorded Rs 8,265 crore in sales in FY23, the document revealed it collected Rs 6,623 crore in the previous fiscal year, indicating Swiggy modified its revenue recognition mechanism.

https://entrackr.com

News Alert