New Delhi, Oct. 23 -- Swiggy's food delivery business is generating record operating profits, but its quick-commerce expansion continues to weigh on the company's overall financial performance.

The Bengaluru-based company reported a consolidated net loss of Rs.922 crore in Q2 FY27, compared with Rs.1,092 crore in the year-ago quarter. While the loss narrowed 15.6% year-on-year, it widened from Rs.791 crore in the preceding quarter.

Revenue from operations rose 36.1% year-on-year to Rs.7,571 crore, while consolidated adjusted revenue increased 33.8% to Rs.7,909 crore.

The contrasting performance of Swiggy's two major businesses stood out. Food delivery reported its highest-ever adjusted EBITDA of Rs.341 crore, while quick-commerce platf...