Swiggy narrows Q2 loss to Rs 922 crore, revenue zooms 36% YoY

Food and grocery delivery platform Swiggy logged a consolidated net loss of Rs 922 crore in the second quarter ended September 2026 (Q2 FY27), down 16% from the Rs 1,092 crore loss it reported a year earlier. On a quarter-on-quarter basis, losses ballooned 17% from Rs 791 crore, as quick commerce arm Instamart and newer businesses like Toing dragged down the company’s profitability. Operating revenue came in at Rs 7,571 crore, up 36% from Rs 5,561 crore in the year-ago quarter.