{"id":15062,"date":"2025-10-30T19:11:16","date_gmt":"2025-10-30T13:41:16","guid":{"rendered":"https:\/\/www.torusdigital.com\/toruscope\/?p=15062"},"modified":"2025-10-31T10:32:58","modified_gmt":"2025-10-31T05:02:58","slug":"swiggy-q2fy26-results-revenue-surges-54-yoy-to-5561-crore-despite-wider-losses","status":"publish","type":"post","link":"https:\/\/www.torusdigital.com\/toruscope\/quarterly-results\/swiggy-q2fy26-results-revenue-surges-54-yoy-to-5561-crore-despite-wider-losses\/","title":{"rendered":"Swiggy Q2 FY26 Results: Revenue Surges 54% YoY to \u20b95,561 Crore Despite Wider Losses"},"content":{"rendered":"

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Food and grocery delivery platform Swiggy Ltd.<\/a> announced its financial results for the quarter ended September 2025 on October 30, 2025, reporting a significant 54% year-on-year (YoY) rise in revenue to \u20b95,561 crore, compared to \u20b93,601 crore in the same period last year. Despite this impressive growth, the company\u2019s net loss widened to \u20b91,092 crore, up from \u20b9626 crore in the year-ago quarter.<\/p>\n

The sequential trend, however, showed a marginal improvement, as the loss narrowed from \u20b91,197 crore reported in the previous quarter. Swiggy attributed the overall loss to rising expenses tied to expansion and increased operational costs across delivery and marketing. Total expenses rose 56% YoY to \u20b96,711 crore in Q2FY26, from \u20b94,309 crore in the same quarter last year.<\/p>\n

<\/span>Food Delivery Business Shows Consistent Growth<\/strong><\/span><\/h2>\n

Swiggy\u2019s food delivery vertical continued its positive momentum during the quarter, with revenue increasing to \u20b91,923 crore from \u20b91,577 crore a year earlier. The gross order value (GOV) rose nearly 19% YoY to \u20b98,542 crore, driven by a rise in active users and order frequency.<\/p>\n

The company\u2019s average monthly transacting users (MTUs) increased 34% YoY to 22.9 million, reflecting the strength of its consumer engagement strategy. According to Co-founder, MD & Group CEO Sriharsha Majety, this growth came despite volatile consumption trends and adverse weather conditions. \u201cOur improved execution and focus on customer experience have helped us sustain growth across both Food Delivery and Dineout,\u201d Majety said.<\/p>\n

Swiggy\u2019s adjusted EBITDA for the quarter stood at a loss of \u20b9695 crore, an improvement of \u20b9118 crore quarter-on-quarter, signalling efficiency gains and better cost management.<\/p>\n

<\/span>Quick Commerce Delivers Robust Expansion<\/strong><\/span><\/h2>\n

Swiggy\u2019s quick commerce arm, Instamart, recorded another strong performance, with gross order value surging 108% YoY to \u20b97,022 crore, and revenue rising 102% YoY to \u20b91,038 crore. The segment\u2019s rapid expansion was supported by 40 new dark stores, bringing the total to 1,102 stores across 128 cities.<\/p>\n

The company reported that its dark store network now covers over 4.6 million sq. ft. of active space, an increase of 136% year-on-year. The average order value also grew 40% YoY to \u20b9697, supported by wider product selection and higher-basket purchases from users.<\/p>\n

Contribution losses in quick commerce reduced by 30% sequentially to \u20b9181 crore, while margins improved by 202 basis points to -2.6%, aligning with Swiggy\u2019s guidance of achieving breakeven before the June 2026 quarter.<\/p>\n


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