New Delhi, July 31 -- Swiggy shares crashed over 5% in intraday deals on the BSE on Friday, 31 July, a day after the company reported its June quarter (Q1FY27) results.

Swiggy share price opened at Rs.292.25 against its previous close of Rs.295.80 and crashed as much as 5.34% to hit an intraday low of Rs.280. The stock pared some losses as around 11:50 AM, it was 3.33% down at Rs.285.95.

Swiggy's consolidated net loss narrowed to Rs.791 crore in Q1FY27 compared with Rs.1,197 crore in the year-ago period. However, on a sequential basis, the net loss also rose from Rs.800 crore in the March quarter.

Its consolidated revenue from operations surged 37% year-on-year (YoY) to Rs.6,812 crore.

Swiggy's food delivery business reported a 17.4% ...