Swiggy Q2 net loss narrows to Rs 922 crore, revenue rises 36% YoY
Mumbai, Oct. 22 -- However, the loss widened from Rs 791 crore in the June 2026 quarter.
Consolidated revenue from operations increased 36.1% year on year and grew 11.1% sequentially to Rs 7,571 crore in Q2 FY27.
Total expenses increased 29.7% year on year to Rs 8,703 crore. Advertising and sales promotion expenses rose 24.9% YoY to Rs 1,298 crore from Rs 1,039 crore. Employee benefits expense declined 2.0% YoY to Rs 676 crore from Rs 690 crore. Delivery and related charges rose 32.9% YoY to Rs 1,895 crore in Q2 FY27 from Rs 1,426 crore in Q2 FY26. Depreciation and amortisation expense rose 1.3% YoY to Rs 308 crore from Rs 304 crore.
Swiggy's consolidated adjusted revenue grew 33.8% year on year to Rs 7,909 crore, while platform averag...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.