Swiggy Trims Q1 Net Loss 34% YoY To ₹791 Cr, Revenue Up 37%
by Akshit Pushkarna · Inc42SUMMARY
- Swiggy narrowed its consolidated net loss by 34% YoY to ₹791 Cr in Q1 FY27, while Instamart achieved contribution margin breakeven.
- The results indicate improving unit economics across Swiggy's businesses, even as the company continues investing in network expansion and new initiatives.
- Revenue rose 37% YoY to ₹6,812 Cr, driven by growth across food delivery, Instamart and its supply chain business.