India, Oct. 23 -- Swiggy's Sweet And Sour Q2

Swiggy had a mixed quarter in Q2 FY27. While its food delivery business delivered record profits and margins, rising investments in Instamart and newer businesses continued to stifle its bottom line.

Here's a quick glance at the foodtech major's Q2 FY27 numbers:

Net loss narrowed 16% YoY to Rs.922 Cr but widened 16% QoQ

Operating revenue climbed 36% YoY to Rs.7,571 Cr

Adjusted EBITDA loss widened to Rs.760 Cr from Rs.695 Cr a year earlier

Gross order value (GOV) rose 25% YoY to Rs.20,793 Cr

Instamart's Burn Continues: Swiggy's quick commerce expansion continued to put pressure on its bottom line despite its operating revenue jumping 33% YoY to Rs.1,306 Cr. However, its adjusted EBITDA lo...