22-Oct-2026 19:42:24
Swiggy Q2: Loss Narrows 16% YoY to ₹922 Crore, but Widens QOQ
Swiggy reported a 15.6% YOY decline in consolidated net loss to ₹922 crore in Q2 FY27, while revenue rose 36.1% to ₹7,571 crore. However, the loss widened from ₹791 crore in the previous quarter, highlighting continued profitability challenges. Revenue exceeded the estimated ₹7,382 crore, but rising expenses, up nearly 30% to ₹8,703 crore, and Instamart’s heavy investment costs remained concerns. Food delivery achieved record adjusted EBITDA of ₹341 crore, offering a positive sign.