Swiggy Shares Drop Nearly 7% Even as Q4 Net Loss Narrows

Losses shrink, but investors still hit sell

Swiggy’s stock fell up to 6.88% on Monday after its Q4 update showed the company’s net loss narrowed to Rs 800 crore, from Rs 1,081 crore a year earlier. Despite improving losses, the market reaction suggests investors were focused on other signals in the results and forward outlook, sparking sharp selling.