Swiggy’s Q1 Snapshot, Sarvam Widens AI Horizon & More

Swiggy Marches Closer To Profitability In Q1 Swiggy inched closer to profitability in Q1. During the quarter, its core food delivery vertical continued to grow despite margin pressure, the quick commerce arm hit a crucial breakeven milestone and new bets like Toing continued to expand Swiggy’s addressable market. Here is a quick recap of Swiggy’s Q1 FY27 results: Net loss narrowed by nearly 34% YoY to ₹791 Cr Operating revenue rose 36.8% YoY to ₹6,812 Cr Expenses jumped 25% YoY to ₹7,813 Cr Cons