India, Oct. 22 -- Foodtech major Swiggy reported a consolidated net loss of Rs.922 Cr in the September quarter of FY27, narrowing 16% from Rs.1,092 Cr in the year-ago quarter. However, its loss widened 17% from Rs.791 Cr in Q1 FY27.

Operating revenue rose 36% YoY and 11% QoQ to Rs.7,571 Cr.

Including other income of Rs.212 Cr, Swiggy's total income stood at Rs.7,783 Cr during the quarter under review. Total expenses increased 30% YoY and 11% QoQ to Rs.8,703 Cr.

While revenue growth outpaced the increase in expenses on an annual basis, higher losses in quick commerce and its newer businesses weighed on Swiggy's sequential performance.

Swiggy's quick commerce business Instamart reported revenue of Rs.1,306 Cr in Q2 FY27, up 33% from Rs....