Swiggy’s Loss Balloons to ₹1,197 Crore in Q1 FY26 as Revenue Jumps 54%
BENGALURU — India’s food delivery giant Swiggy reported a net loss of ₹1,197 crore for Q1 of FY26, a steep 96% rise year-on-year, as the company continues to pour money into expanding its quick commerce vertical, even as revenues surged.
The widening loss underscores the tug-of-war between aggressive growth and…
Swiggy, India’s popular food delivery giant, has reported impressive growth in its latest financial results for the July-September quarter of FY25. The company’s revenue surged by a remarkable 30% year-on-year (YoY), reaching ₹3,601.5 crore, up from ₹2,763.3 crore in the same period last year. While Swiggy’s losses have slightly decreased, there’s much more happening at the company…
