Swiggy Q1 Results: Net Loss Narrows to Rs 791 Crore; Revenue Jumps 37% YoY
Revenue rose 37% as Swiggy expanded food delivery and quick commerce, while Instamart improved unit economics and more than 400 brands joined its platform.
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Swiggy hikes advertising and promotion spend 12% to Rs 1,160 crore in Q1 FY27
New Delhi: Swiggy increased its consolidated advertising and sales-promotion expenditure by 12% year-on-year to Rs 1,160 crore in the quarter ended June 30, 2026. The food-delivery and quick-commerce company continued to invest in consumer acquisition, category expansion and new propositions. The expenditure rose from Rs 1,036 crore in the corresponding quarter last year and was 13% higher than the Rs 1,024 crore spent in the March quarter. Swig…
Swiggy Q1 Results: Net loss narrows to Rs 791 crore; revenue jumps 37% YoY
Swiggy Q1 Results: Swiggy narrowed its Q1FY27 consolidated net loss by 34% year-on-year to Rs 791 crore, while revenue from operations rose 37%. Instamart achieved contribution breakeven despite continued investments, food delivery maintained steady growth, and management expressed confidence in its competitive position amid rising competition in the online food delivery space.
Swiggy Q1 results: Net loss narrows to ₹791 crore; revenue jumps 37% YoY
Swiggy reported a net loss of ₹791 crore for Q1 FY27, an improvement from ₹1,197 crore in Q1 FY26. Revenue surged 54% YoY to ₹6,812 crore, bolstered by growth in quick commerce, up from ₹4,961 crore in the same quarter last year.
Swiggy Trims Q1 Net Loss By 34% YoY To ₹791 Cr, Revenue Up 37%
Foodtech major Swiggy narrowed its consolidated net loss 34% YoY to ₹791 Cr in the quarter ended June 2026 (Q1 FY27) from ₹1,197 Cr a year earlier. Sequentially, its loss declined marginally from ₹800 Cr in Q4 FY26. Operating revenue rose 37% YoY and 7% sequentially to ₹6,812 Cr. Including other income of ₹211 Cr, total income stood at ₹7,023 Cr during the quarter. Total expenditure increased 25% YoY to ₹7,813 Cr, while consolidated adjusted E…
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