Swiggy544285Food delivery, quick
Swiggy's Q2 FY27 results showed widened losses driven by quick commerce, while food delivery grew steadily and management flagged 'Toying' as a new growth driver
By ScoutQuest · · 1 min read
- Revenue growth YoY
- 36 percent
- Losses this quarter
- 770 crore rupees
- Net losses this quarter
- 922 crore rupees
- Other income last year
- 59 crore rupees
- Other income this quarter
- 212 crore rupees
Heard on business television between 07:36:27 - 07:39:27 IST.
- Revenue grew 36% year-on-year; losses widened to about 770 crore rupees and net losses came in at about 922 crore rupees.
- Other income jumped from 59 crore rupees in Q2 FY26 to about 212 crore rupees in Q2 FY27.
- Food delivery gross order value grew 17%, while Instamart net order value was up 35%.
- Management retained 18-20% GOV growth guidance for food delivery (ex-Toying), expecting Toying to lift combined food delivery growth to 25-30% with medium-term margin target of about 5%.
- For quick commerce, contribution margin expected to be minus 1% to 0% till Q3 FY27 with sequential improvement thereafter; EBITDA losses expected to peak this quarter with path to adjusted EBITDA breakeven unchanged.
- Domestic shareholding rose to 58%, with Indian-controlled transition expected to complete over the next two to three quarters after Q3 FY27.
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Source: Live TV News Channel · 23 Oct 2026
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