Food delivery giant Swiggy has announced a new feature that will allow users to pause food-related notifications during fasting periods.
This ‘Fasting Mode’ ensures that users are not disturbed by food alerts while observing Ramzan, Navratri, or other fasting occasions.
How Does the Fasting Mode Work?
Users can turn the feature on or off anytime through the Swiggy app.
Once enabled, food-related notifications will be paused automatically during fasting hours.
Notifications resume after fasting hours to keep users updated when they need food services.
The feature will be available for various fasting events throughout the year.
Swiggy stated that this feature is aimed at enhancing user experience and respecting cultural and religious practices.
Swiggy Q3 Results – Strong Growth, Lower Losses
Swiggy recently released its first financial results after its IPO, showing strong business growth and reduced losses.
Key Financial Highlights (Q3, 2024-25)
Gross Order Value (GOV): Increased by 30% year-on-year.
Operating Loss: Reduced by 30%.
Net Loss:
Q3: ₹625.53 crore, down from ₹657 crore in the same period last year.
First Half: ₹1,221.34 crore, slightly higher than last year’s ₹1,220.13 crore.
Revenue Growth: Increased from ₹2,763 crore to ₹3,601 crore year-on-year.
Swiggy Share Price Performance
Swiggy’s stock has shown mixed performance in recent months.
Stock Market Performance
Closing Price (March 10, 2025): ₹359.75
52-Week High: ₹617
52-Week Low: ₹317.15
Current Correction: 42% down from its peak
Weekly Gain: 10.22% increase
Year-to-Date Performance: Down by 33.64%
Last 3 Months: Stock down by 33.81%
Swiggy’s new fasting mode feature and strong financial performance could impact investor sentiment in the coming months.
Final Thoughts
Swiggy’s Fasting Mode is a thoughtful update catering to users’ religious and cultural needs. Meanwhile, its financials show promising growth, despite market fluctuations.
It remains to be seen how these developments will impact Swiggy’s stock performance in the long run.
Would you enable Fasting Mode on Swiggy? Let us know your thoughts!