Swiggy Q1FY27 loss narrows 34% as Instamart revenue rises 53%
Swiggy’s consolidated net loss narrowed to ₹791 crore in Q1FY27 as revenue from operations rose 37.3% to ₹6,812 crore. Instamart revenue grew 52.9% to ₹1,232 crore, though quick commerce remained the group’s biggest loss-making segment.
Swiggy’s Q1FY27 loss narrowed 34% as operating revenue rose 37%. Instamart revenue grew 53% and its loss narrowed, though it remained the largest loss-making segment. Swiggy transferred Instamart to a wholly owned subsidiary; CEO Amitesh Jha resigned after quarter-end.
Why this matters
The result follows Swiggy’s report that Instamart reached contribution-margin break-even and recent updates showing food-delivery profit slipped QoQ despite 23% revenue growth and LPG-related margin pressure.
Retail-company signals are accelerating, up 253360% QoQ.