Swiggy Q1 FY27 loss narrows 34% as Instamart hits contribution-margin break-even
Swiggy reported a 37% year-on-year rise in Q1 FY27 revenue to Rs 6,812 crore, while net loss narrowed to Rs 791 crore. Instamart revenue grew 53%, with its dark-store network reaching 1,171 locations across 131 cities.
Swiggy’s Q1 FY27 loss narrowed 34% to Rs 791 crore as revenue rose 37% to Rs 6,812 crore. Instamart revenue grew 53%, reached contribution-margin break-even in May, and expanded to 1,171 dark stores across 131 cities.
Why this matters
The result follows signals of Swiggy food-delivery profit slipping QoQ despite 23% revenue growth and a 2.3% QoQ decline tied to LPG disruption, while an earlier Q1 signal said Instamart was nearing contribution break-even.
Retail-company signals are accelerating, up 315,925% QoQ.
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