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Swiggy contra view: Why JM Financial downgraded the stock to 'sell' despite strong Q1 results
Bajaj Finance shares jumped 5% after the NBFC reported a strong Q1 FY27 performance, with standalone net profit rising 28% YoY to Rs 6,081 crore and net interest income growing 23% to Rs 12,571 crore. Robust earnings prompted several brokerages to raise their target prices.
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economictimes.indiatimes.com
Swiggy Q1 Results: Net loss narrows to Rs 791 crore; revenue jumps 37% YoY
Swiggy Q1 Results: The online food and grocery delivery platform reported a 37% year-on-year increase in revenue from operations to Rs 6,812 crore in the April–June quarter of…
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yourstory.com
Swiggy losses narrow to Rs 791 Cr; revenue up 37% in Q1 FY27
Its quick commerce business Instamart, which hit a major breakeven milestone in May 2026, saw 53% YoY growth in revenue to reach Rs 1,232 in the first quarter.
