Tag: Profitability
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Swiggy Shares Climb as Q2 Loss Narrows on Instamart Momentum
Swiggy: Q2 Results Highlight Narrowing Loss amid Instamart Growth Swiggy Ltd, India’s leading food and grocery delivery platform, saw its shares rise about 2.5% to around Rs 434 in trading after releasing its second-quarter (Q2) results. While the company continued to report a net loss for the quarter, the pace of the loss narrowed compared…
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Lower Average Funding Costs for Greek Banks
Introduction The financial landscape in Greece is undergoing a significant transformation, primarily due to the declining average funding costs for Greek banks. With these costs now plummeting to a historical low of approximately 1%, banks find themselves in an advantageous position to enhance their profitability. This development is crucial, especially in the aftermath of June,…