Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Swiggy Q2 Instamart adjusted EBITDA loss declines 5.2% QoQ to INR 849 Cr
Swiggy reported that Instamart’s adjusted EBITDA loss narrowed by 5.2% QoQ to ₹849 crore in Q2. The report attributes the improvement to operational efficiency, cost optimization, and better order density. The article provides insights into unit economics of quick-commerce models, signaling a gradual path to profitability amid industry consolidation and investor pressure for improved financial metrics.