New Delhi: The stocks of Swiggy and Eternal (Zomato) are the talk of the town. Recently both the companies have declared their Q4 2024-25 Results. Both the online food delivery platforms recorded a decline in profits, and the biggest reason for this was the expansion of their quick commerce business, especially dark stores.
In this article we inform you about the quarterly results of Swiggy and Eternal (Zomato) and the view of brokerage firms Nuvama and JM Financials.
Swiggy Q4 2024-25 results Highlights
In the January-March quarter of 2024-25, Swiggy reported a net loss of Rs 1,081.18 crore as against Rs 553.70 crore in the same quarter last year.
Company’s Revenue stood at Rs 4,410.02 crore, up 45 per cent year-on-year.
Order value also recorded a surge of 17.6 percent
Swiggy CEO Sriharsha Majety has maintained that the loss in the company’s quick commerce platform Instamart has now reached its highest level. He, however, sounded confident that the loss will gradually reduce in the future.
Zomato (Eternal) Q4 results Highlights
Eternal’S Net in the Q4 of 2024-25 stood at Rs 39 crore as against Rs 175 crore in the last quarter of FY24, a decline of 77.71 per cent.
The company’s revenue was recorded at Rs 5,833 crore, an increase of 63.76 per cent.
Food Delivery GOV grew 16 percent but fell 1 percent quarter-on-quarter.
The online food delivery platform’s net order value recorded an increase of 14 percent year-on-year, but declined 3 per cent quarter-on-quarter.
Eternal CEO Deepinder Goyal acknowledged that the competition in food delivery has always been fierce and the situation remains the same at present. Zomato’s market share remains stable and the company is expecting an increase in it in the coming times, he said
Swiggy, Eternal share price target
JM Financial has initiated a ‘Buy’ rating on Swiggy shares. The financial advisory firm has projected the stock to rise to the level of Rs 450. Currently, the stock was trading at Rs 314.35 at 1:15 pm on May 13, 2025. The target price given by the brokerage indicates that the country has the potential to rise to 44 percent.
Giving its opinion on Eternal (Zomato) shares, Nuvama Institutional Equities reduced its target price from Rs 290 to Rs 280. The reason for this is the decline in profits in the company’s quick commerce business in the near future.
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Nuvama downgraded the share price target for Eternal (Zomato), while JM Financials gave a Buy rating on Swiggy shares. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
