Swiggy Q1 Results: Net loss narrows to Rs 791 crore; revenue jumps 37% YoY
Swiggy Q1 Results: Swiggy narrowed its Q1FY27 consolidated net loss by 34% year-on-year to Rs 791 crore, while revenue from operations rose 37%. Instamart achieved contribution breakeven despite continued investments, food delivery maintained steady growth, and management expressed confidence in its competitive position amid rising competition in the online food delivery space.