India, May 11 -- Shares of Swiggy plunged as much as 7% to hit a low of Rs.261.2 during the intraday trading on the BSE today after the food delivery and quick commerce giant reported a net loss of Rs.800 Cr for Q4 FY26.

The stock later pared some of the losses and was trading 4.59% lower at Rs.267.90 at 10:52 IST. Its market capitalisation stood at Rs.74,059.2 Cr (about $7.8 Bn) at the time.

The sharp decline came amid rising concerns over intensifying competition in the quick commerce segment, which overshadowed Swiggy's improved quarterly performance.

On Friday, Swiggy reported 26% YoY and 24.9% QoQ decline in its Q4 loss on the back of growth in its food delivery and quick commerce businesses. Revenue from operations rose 44.7% YoY...