Swiggy losses narrow to Rs 791 Cr; revenue up 37% in Q1 FY27
Swiggy's net loss narrowed to Rs 791 crore in Q1 FY27, down 34% from Rs 1,197 crore a year ago.
Revenue rose 37% YoY to Rs 6,812 crore, driven by B2B (Rs 3,195 crore), food delivery (Rs 2,208 crore), and Instamart (Rs 1,232 crore).
Instamart achieved contribution margin breakeven in May 2026, with 53% YoY revenue growth and gross order value of Rs 7,907 crore.
Monthly transacting users grew 27.4% YoY to 27.5 million, and food delivery GOV reached Rs 9,490 crore with 19.2 million monthly transacting users.
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