Swiggy Q1 Loss Narrows to ₹791 Crore as Revenue Rises 37%

Swiggy reported a narrowed net loss of ₹791 crore for Q1 FY27, while revenue grew by 37% year-on-year.

The company's quick commerce arm, Instamart, achieved contribution margin breakeven for the first time during this quarter.

Management stated that further operating-level profitability depends on expanding order volumes by approximately 2.5 times in the coming quarters.