Swiggy narrows quarterly loss 34% as Instamart reaches contribution break-even
Swiggy reported an April–June consolidated net loss of ₹791 crore, versus ₹1,197 crore a year earlier, while revenue reached ₹6,812 crore. Instamart hit contribution break-even and improved its adjusted EBITDA margin to -9.8% from -10.9% sequentially.
Swiggy narrowed its quarterly consolidated loss 34% to ₹791 crore as food delivery demand and advertising/platform-fee revenue grew. Quick-commerce unit Instamart reached contribution break-even and improved adjusted EBITDA margin to -9.8%, while consolidated revenue rose to ₹6,812 crore.
Why this matters
The result follows recent signals that Swiggy’s Q1 FY27 revenue rose 37% to ₹6,812 crore and that earnings were due July 30, confirming that narrower losses coincide with improving Instamart unit economics.
Retail-company signals are accelerating, up 314075% QoQ.