Swiggy , the prominent food delivery and quick commerce platform, has scheduled the consideration and announcement of its third quarter financial results for January 29, 2025. This corporate announcement marks an important date for investors and market participants who are awaiting updates on the company's financial performance.

Scheduled Results Announcement

The company has formally communicated that it will consider its Q3 FY25 financial results on the specified date. This scheduled announcement follows standard corporate governance practices and provides stakeholders with advance notice of when they can expect to receive detailed financial information about Swiggy's performance during the third quarter.

Significance for Stakeholders

The upcoming results announcement will provide investors, analysts, and other market participants with comprehensive insights into Swiggy's operational and financial metrics for the quarter. As a major player in India's food delivery and quick commerce sector, the company's quarterly performance data serves as an important indicator of business trends and market dynamics in the digital commerce space.

Stakeholders will be looking forward to detailed financial disclosures that typically accompany such announcements, including revenue figures, profitability metrics, and other key performance indicators that reflect the company's business trajectory during the reporting period.

Swiggy and Eternal shares remained stable on Tuesday despite government directions to halt 10-minute delivery guarantees on quick commerce platforms. Elara Capital has released an analysis explaining why this regulatory move could actually benefit these companies.

Elara Capital's Positive Outlook

The brokerage firm views the removal of the 10-minute benchmark from quick-commerce apps as net neutral to positive for both Swiggy and Eternal. According to Elara Capital, metro demand for quick-commerce has already been entrenched, effectively ruling out any significant negative impact from this regulatory change.

Delivery Promises Were Largely Optics-Driven

Elara Capital emphasizes that the 10-minute delivery threshold was primarily optics-driven rather than a fundamental business guarantee. The firm notes that actual delivery timelines shown on these apps were largely dynamic, contrasting sharply with traditional guaranteed delivery services like Domino's 30-minute pizza delivery promise.

This dynamic nature of delivery timelines means that removing the 10-minute branding won't significantly alter the operational reality for these platforms. The brokerage expects no impact on volumes or growth from this regulatory adjustment.

Company Response and Clarifications

Eternal issued a clarification late Tuesday stating there is no change in the business model of its quick commerce business Blinkit after reports emerged about removing the 10-minute delivery promise from its branding to comply with government directions.

Regulatory Background and Worker Safety Concerns

The government's directive comes amid growing concerns about worker well-being and earnings in the quick-commerce space, which has led to widespread protests and media attention. Union Labour Minister Mansukh Mandaviya met with platform representatives, emphasizing the need to prioritize delivery partner safety over speed guarantees.

Earlier this month, the Labour Ministry proposed a 90-day annual work threshold as mandatory eligibility criteria for gig and platform workers to access social security under new draft rules on the Social Security Code 2020, published on December 31.

Market Impact Assessment

The stable stock performance of both Swiggy and Eternal following the announcement suggests that investors share Elara Capital's view that this regulatory change won't materially impact business fundamentals. The established nature of quick-commerce demand in metropolitan areas provides a solid foundation that doesn't rely heavily on specific delivery time promises.