Swiggy Ltd on Thursday reported a consolidated net loss of Rs 922 crore for the second quarter of FY27 (July-September 2026), narrowing 16 per cent from a loss of Rs 1,092 crore in the same quarter last year, according to its stock-exchange filings reported by Inc42 and Indian Television.
Source: Inc42
Operating revenue rose 36 per cent year-on-year to Rs 7,571 crore, from Rs 5,561 crore a year earlier. Including other income, total income stood at Rs 7,783 crore, while total expenses rose 30 per cent to Rs 8,703 crore, keeping the group in the red. On a quarterly basis the loss widened from Rs 791 crore in Q1 FY27.
Source: Inc42
Food delivery remained the profit engine: segment revenue rose 22 per cent to Rs 2,338 crore and its segment result rose 39 per cent to Rs 349 crore. Food-delivery gross order value (GOV) rose 17.7 per cent to Rs 10,054 crore, APAC News Network reported, citing the company's results.
Source: Indian Television
Quick-commerce arm Instamart's GOV surged 31.4 per cent year-on-year to Rs 9,230 crore, with net order value up 34.8 per cent to Rs 6,594 crore, Upstox's results live blog reported. Inc42 reported Instamart's segment loss increased to Rs 764 crore from Rs 651 crore in Q1, offsetting the food-delivery improvement.
Source: Upstox
MD and Group CEO Sriharsha Majety said: "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."
Source: Upstox (company statement)
Swiggy shares tumbled over 5 per cent on Thursday, The Hindu BusinessLine's Q2 results live coverage reported. Sources: Inc42, Indian Television, Upstox and APAC News Network, all reporting Swiggy's Q2 FY27 filings on October 22, 2026.
Q2 FY27 (Jul-Sep 2026): net loss Rs 922 crore (yaani about Rs 9.22 billion) vs Rs 1,092 crore a year ago; operating revenue Rs 7,571 crore, up 36%; food-delivery segment result Rs 349 crore; Instamart GOV Rs 9,230 crore, up 31.4%. Board approved the results on October 22.
