ilmscore | Prediction Details
By Finance With Sharan | October 30, 2024 | Correct
Interpreted Prediction
Predicted that Swiggy will still be unprofitable (around -1800 Cr loss) at the time of its IPO.
AI Evaluation Notes
Swiggy's IPO occurred in November 2024, making it time to evaluate the prediction. The prediction stated Swiggy would still be unprofitable, which was accurate. Swiggy reported a net loss of approximately ₹2,350 crore in FY24, leading up to its IPO, while the prediction estimated a loss of around -1800 Cr. The general trend of unprofitability was correctly predicted.

Prediction Details

Target
Swiggy will still be unprofitable (around -1800 Cr loss)
Predicted date
By the time Swiggy's IPO

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