While Rs 2 may seem like a small amount, it would create a large enough corpus for Swiggy to reinvest back into its business as it delivers over 1.5 million orders each day, analysts said
IT services revenue rose 3.9 percent to Rs 11,344 crore in October-December quarter and dollar revenues increased 1.3 percent to USD 1.795 billion on sequential basis.
Net interest income, the difference between interest earned and interest expended, surged 36.6 percent on yearly basis to Rs 909 crore during October-December quarter. Other income (non-interest income) grew by whopping 38.4 percent to Rs 536.81 crore for the quarter.