Swiggy narrows net loss to Rs 922 cr in Jul-Sept quarter

New Delhi, Oct 22 (PTI) Food delivery and quick commerce firm Swiggy on Thursday reported a narrower consolidated net loss of Rs 922 crore for the quarter ended September, helped by strong revenue growth.

Swiggy’s net loss stood at Rs 1,092 crore during the July-September quarter of 2025-26.

Revenue from operations rose to Rs 7,571 crore in the September quarter, up from Rs 5,561 crore in the same period last financial year, according to an exchange filing.

Swiggy’s total expenses also rose to Rs 8,703 crore, up from Rs 6,711 crore a year ago.

Swiggy Food Delivery gross order value (GOV) grew 17.7 per cent YoY to Rs 10,054 crore, the filing stated.

“Our food delivery business delivered its highest-ever profits and margins while we continue to unlock

new category growth through Toing, our standalone offering for affordable meals.

“In quick commerce, we delivered accelerated growth as guided and obtained necessary approvals to qualify as an Indian owned and controlled company – an important milestone for the business with the transition underway,” said Sriharsha Majety, MD & Group CEO, Swiggy.

Swiggy said the Quick Commerce net order value (NOV) grew 31.4 per cent YoY and 13.4 per cent QoQ to Rs 6,954 crore.

Its quick commerce platform Instamart added 69 dark stores in the quarter, equal to the cumulative additions of the last three quarters, bringing the total to 1,240 stores, the company said. PTI RSN MR

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