LPG Crisis: Zomato, Swiggy Revenue Can See 3% Quarterly Hit If Disruption Lasts A Week, Say Analysts

The ongoing LPG crisis in India is impacting the food delivery sector, with analysts predicting a potential 3% decline in quarterly revenues for major platforms like Zomato and Swiggy if the situation persists for a week. The shortage of liquefied petroleum gas has led to a significant drop in restaurant operations, directly affecting delivery orders. According to a spokesperson from a gig workers association, delivery partners have reported a 10-15% decrease in order volumes over the past two days as many eateries struggle to maintain their services. The LPG shortage is attributed to supply chain disruptions, raising concerns about the broader implications for the food industry and gig economy workers, who rely on consistent order flow for their livelihoods. As restaurants grapple with these challenges, the ripple effects are being felt across the delivery ecosystem, prompting calls for immediate government intervention to stabilize LPG supplies and assist affected businesses and workers.