Swiggy reports 37% jump in revenue to Rs 6,812 crore in Q1 FY27; net loss narrows to Rs 791 crore
Swiggy's consolidated net loss narrowed 34% to Rs 791 crore in Q1 FY27, with revenue up 37.3% to Rs 6,812 crore.
Supply Chain and Distribution revenue rose 41.4% to Rs 3,195 crore, accounting for 47% of operating revenue.
Food delivery revenue grew 22.7% to Rs 2,208 crore, with adjusted EBITDA margin improving to 3.1% of gross order value.
Instamart achieved contribution break-even in May, with revenue up 52.9% to Rs 1,232 crore and 1,171 dark stores.
CEO Sriharsha Majety highlighted strengthened food delivery economics and quick-commerce contribution break-even as milestones.
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