New Delhi, Oct. 31 -- Swiggy's Q2 FY26 shareholder letter shows a company moving from scale-first to execution and unit economics repair. Consolidated adjusted revenue jumped 52.6% YoY to Rs.5,911 crore, while platform MTUs expanded 34% YoY to 22.9 million. Food delivery posted sustained GOV growth and positive contribution; quick commerce (Instamart) delivered rapid GOV expansion and materially narrower contribution losses as average order values and store productivity rose. Management frames the quarter as the result of capability builds - darkstores, assortment expansion, subscription and pricing constructs - and operational tightening across the stack.

Swiggy reported consolidated adjusted revenue of Rs.5,911 crore, up 52.6% year-on-...