The chain has also committed to co-invest with franchisees to help cover losses that may arise from reduced pricing.
The move reflects growing cost pressures within the industry and highlights the challenges food delivery platforms face as they expand into newer…
However, industry stakeholders have expressed concern over the withdrawal of Input Tax Credit (ITC) benefits for businesses operating within the 5…
For the F&B industry, this shift means essentials such as soaps, toothpaste, and other consumer staples will get cheaper, freeing up household…
The clarification settles a long-standing debate between platforms and the government over whether aggregators are liable to remit tax on delivery…
The representation submitted by HRAWI calls for a uniform 5 percent GST rate with Input Tax Credit (ITC) across all segments of hospitality and…
In its filing on Monday, the Gurgaon-based company confirmed that the order is linked to goods and services tax (GST) for the period between July…
The country’s agro-climatic diversity supports a vast raw material base, creating strong potential for food processing industries.
For Q1 FY26, total income stood at Rs 530.07 crores, reflecting a 3 percent year-on-year increase compared to Q1 FY25. The growth comes despite…
Restaurant India News: Ventive Hospitality’s Rs 520 Crore Quarter Driven by Strong F&B and ADR Gains
Operationally, India’s Average Daily Rate rose by 10 percent year-on-year, but occupancy was impacted in May by geopolitical disruptions, resulting…
EBITDA stood at Rs 41.8 crore, a 24 percent increase from Rs 33.6 crore a year earlier.
Net revenue from operations stood at Rs 409.1 crore, up 30.6 percent from Rs 313.2 crore in the same quarter last year. Adjusted for subsidy income…
TFS partnered with and launched 13 more brands in the last 12 months, expanding the system-wide portfolio to 130 brands.
Telangana government, in collaboration with Hyderabad-based The Culinary Lounge, has launched the country’s first Culinary and Experiential Tourism…
The platform crossed its total Rakhi sales from last year earlier in the week and has reported a 3.5x increase in Rakhi orders compared to the same period in 2024
The uptick, disclosed by the company on Wednesday, indicates that a combination of affordability-focused promotions and strategic collaborations tied to pop culture has begun to yield results amid continued economic uncertainty.
While revenue continues to rise, escalating expenses and competition leave Swiggy in the red.
The company posted a profit of Rs 1.22 crore, down from Rs 3.25 crore in the same period last year, according to its regulatory filing.
The company recorded a 1.3 percent year-on-year rise in consolidated net profit, reaching Rs 58.52 crore for the quarter ended June 30, 2025, compared to Rs 57.77 crore in the same period last year.
Over the past year, the stock gained 1.10 percent. Year-to-date, it is down 2.60 percent. In the last six months, the stock declined 1.27 percent and fell significantly by 8.73 percent over three months. However, it gained 4.83 percent in the past month.
Eternal, the parent company of Zomato and Blinkit, reported a marginal rise in its cash balance during the first quarter of FY26, despite significant capital expenditure on expanding its quick commerce business.
According to a filing with the National Stock Exchange dated July 11, Swiggy issued 38.86 lakh stock options under its ESOP 2024 plan. The grant is valued based on the previous market closing price of Rs 385.15 per share.
The number of Costa Coffee outlets grew from 179 in FY24 to 220 in FY25. In comparison, revenue from operations was Rs 151.8 crore, and profit stood at Rs 116.6 crore for the year ended March 31, 2024.
The food delivery sector in India is projected to grow by 13–14 percent in the coming years, with a steady-state EBITDA margin of around 5 percent, according to a new report by HSBC Global Investment Research.
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