Swiggy hits EBITDA profitability on its food delivery business. For context, Zomato turned EBITDA profitable in their last quarter (food delivery) as well. Thoughts?

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18mo ago
ElonTusk
ElonTusk

They must be making 0.1% profit and calling it profitable. How do you know?

potatomato
potatomato

Ay come on, ₹420.69 profit is profit

Darkblack
Darkblack
Meesho18mo

Surprised to see the hate here. This is a move in the right direction

SnapeSkywalker
SnapeSkywalker
Swiggy18mo

Haters gonna hate! 🤷🏻‍♂️

HappyFeet92
HappyFeet92

Why do you think its hate? Its an adjusted metric and not the most right accounting practice.

People called out when zomato published adjusted metrics and will call out swiggy for the same. Just because people dont agree with what the company is trying to push out as narrative doesnt mean hate

GloomyCent67
GloomyCent67

All fake shit

EvenSet99
EvenSet99

Why would you say fake shit?
Because of MMT stock performance 😂

GloomyCent67
GloomyCent67

It's real atleast

arbitdxc
arbitdxc

Path a little more clear for IPO 👍

Akira
Akira

After dragging a million nutsacks over shards of broken glass, they have achieved a fraction of profitability. Is it really worth it in the long run?

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