Mumbai, July 30, 2026 (Yes Punjab News)
Food delivery and quick-commerce platform Swiggy Limited reported a consolidated net loss of Rs 791 crore for the quarter ended June 30, 2026, as the company continued to invest in expanding its user base and dark-store network.
According to the company’s stock exchange filing, the loss was lower than the Rs 1,197 crore reported during the same quarter last year. On a sequential basis, Swiggy’s net loss also narrowed slightly from Rs 800 crore in the March quarter.
Swiggy’s revenue from operations increased 37 per cent year-on-year to Rs 6,812 crore during the quarter, compared with Rs 4,961 crore in Q1 FY26. Revenue also grew from Rs 6,383 crore in the previous quarter, driven mainly by growth in the quick-commerce segment.
Commenting on the performance, Swiggy MD and Group CEO Sriharsha Majety said the company’s food delivery business continued to see improving economics as it focused on affordability and consumer-focused offerings to expand adoption.
He added that out-of-home consumption remained a profitable and rapidly growing segment of the business.
The company’s adjusted EBITDA loss improved during the quarter, narrowing to Rs 650 crore from Rs 945 crore in the year-ago period.
Swiggy’s average monthly transacting users (MTUs) rose 27.4 per cent year-on-year to 27.5 million, while the user base increased 9.2 per cent compared with the previous quarter.
The food delivery segment recorded a 17.4 per cent year-on-year rise in gross order value (GOV) to Rs 9,490 crore. The segment added around 0.9 million monthly transacting users during the quarter, taking the total to 19.2 million.
The food delivery business also reported an improvement in adjusted EBITDA, which rose by Rs 100 crore year-on-year to Rs 292 crore. Its adjusted EBITDA margin stood at 3.1 per cent of GOV, improving by 70 basis points annually.
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