Consumer Service

Loss Balloons 96% YoY To INR 1,197 Cr

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SUMMARY

On a sequential basis, the company’s loss grew 11% from INR 1,081 Cr

Swiggy’s operating revenue surged 54% to INR 4,961 Cr in Q1 FY26 from INR 3,222 Cr in the year-ago period

Meanwhile, expenses zoomed 60% YoY and 11% QoQ to INR 6,244 Cr

Foodtech major Swiggy saw its loss rise for yet another quarter in Q1 FY26 as it continued to invest to expand its quick commerce operations. The company’s net loss zoomed 96% to INR 1,197 Cr in the June quarter from INR 611 Cr in the year-ago quarter. On a sequential basis, the…

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