Swiggy Q2 Net Loss Narrows 15.6% to ₹922 Crore, Revenue Rises 36%
What Happened?
Swiggy reported a 15.6% decrease in net loss to ₹922 crore for Q2 2026-27, with revenue rising 36% to ₹7,571 crore. Total expenses increased by nearly 30%.
Key points
- Swiggy's net loss decreased from ₹1,092 crore a year earlier.
- Revenue from operations rose from ₹5,561 crore a year ago.
- Total expenses increased to ₹8,703 crore from ₹6,711 crore a year earlier.
- Food delivery monthly transacting users grew to 19.8 million, up 15.2% year-on-year.
- Instamart's gross order value grew to ₹9,230 crore, a 16.7% increase quarter-on-quarter.
Key insights
- Swiggy's improved margins in food delivery could enhance its competitive position.
- The growth in monthly users may indicate a rising demand for food delivery services.
- Swiggy's focus on affordable meals through Toing could attract new customers.
Why it matters
Swiggy's financial performance indicates growth in the competitive food delivery market.
Entities
Source
Business Standard



