Business · Updated 22 Oct, 03:57 pm IST
Swiggy Q2 FY27: Revenue rises 36% YoY, net loss narrows to ₹922 Cr
Why it matters for readers: Explains that Swiggy is growing but still investing heavily in areas that are not yet profitable.
- Operating revenue grew 36% year‑on‑year and 11% quarter‑on‑quarter to ₹7,571 crore.1
- Consolidated net loss for Q2 FY27 was ₹922 crore, a 16% improvement from ₹1,092 crore a year earlier but wider than the prior quarter's ₹791 crore.1
- Instamart’s segment loss increased to ₹764 crore from ₹651 crore in Q1 FY27, which weighed on overall profitability.1
- Consolidated adjusted EBITDA loss widened to ₹760 crore from ₹695 crore a year earlier, driven by losses in Instamart and newer businesses.1
- Gross order value across consumer businesses rose 25% YoY to ₹20,793 crore and average monthly transacting users grew 21% to 27.8 million.1
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