India, July 31 -- Food delivery and quick commerce major Swiggy on Thursday reported a net loss of Rs 791 crore on a consolidated basis in the first quarter ended June 30, 2026. The company's net loss narrowed in Q1 FY27 from Rs 1,197 crore a year ago, driven by strong revenue growth, according to a stock exchange filing.

During the quarter under review, Swiggy's revenue from operations increased to Rs 6,812 crore, from Rs 4,961 crore a year ago. Total expenses increased to Rs 7,813 crore in the June quarter from Rs 6,244 crore a year ago, driven by advertising and sales promotion, and delivery and related charges, among other costs.

In a letter to shareholders, Swiggy Co-founder, MD & Group CEO Sriharsha Majety said the company's quick...