Seven out of 11 listed tech and internet firms that have declared Q2FY26 results so far have posted losses during the three month period, according to a Moneycontrol analysis. The performance has however not dampened sentiments as investors look past the short-term declines and bet on positive future outcomes.
During the July-September period, Delhivery, Swiggy, Mobikwik, Urban Company, Ixigo, BlueStone and Ola Electric, all reported losses. Some firms even saw their profit profile worsen on a year-on-year (YoY) basis.
Investors are upbeat
While some firms, such as travel solutions company Ixigo and fintech platform Mobikwik, slipped into red largely due to a special one-time expenses, there were other also firms like Swiggy and Urban Company which saw their profits take a hit as they

Moneycontrol

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