Press Release for the Unaudited Financial Results (consolidated & standalone) for the quarter ended June 30, 2026
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 30 Jul 2026, 03:56 PM IST · BSE ID: b0982d7e-9aea-4685-96ca-a291a31c654f
View Original BSE Filing (PDF)
💡
In Simple Terms
Swiggy's Q1 FY27 revenue rose significantly, its food delivery profit improved, and quick commerce reached a key financial milestone.
🤖 AI Summary
- Overall revenue for Q1 FY27 grew 34.0% YoY to INR 7,112 Cr.
- Swiggy Food Delivery Gross Order Value (GOV) increased 17.4% YoY to INR 9,490 Cr.
- Food Delivery Adjusted EBITDA improved by INR 100 Cr YoY to INR 292 Cr for the quarter.
- Quick Commerce GOV grew 39.8% YoY to INR 7,907 Cr and hit contribution break-even in May '26.
- Platform Monthly Transacting Users (MTUs) grew 27.4% YoY to 27.5 million.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Overall revenue
INR 7,112 Cr
34.0% YoY
Swiggy Food Delivery GOV
INR 9,490 Cr
17.4% YoY
Swiggy Food Delivery Adjusted EBITDA
INR 292 Cr
Quick Commerce GOV
INR 7,907 Cr
39.8% YoY
Quick Commerce overall loss
INR 778 crore
Platform MTUs
27.5 million
27.4% YoY
🏢 How This Affects the Company
The growth in GOV for both Food Delivery and Quick Commerce, alongside the expansion of Toing to 50 cities, indicates an increase in market penetration and user base for Swiggy. Quick Commerce achieving contribution break-even suggests improved unit economics in that segment.
Overall revenue increased to INR 7,112 Cr, and Food Delivery Adjusted EBITDA improved by INR 100 Cr YoY to INR 292 Cr. The Quick Commerce business reduced its Adjusted EBITDA losses, contributing to overall financial efficiency.
Quick Commerce net added 28 darkstores, bringing the total to 1,171 across 131 cities, expanding its operational footprint. Toing's expansion to 50 cities broadens the reach of the budget food delivery offering.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders based on this financial results press release.
👤
Who Is Affected
All shareholders are affected by the company's financial performance, specifically by the 34.0% YoY revenue growth and the INR 100 Cr YoY improvement in Food Delivery Adjusted EBITDA.
🔍
Management Signal
Management is focused on strengthening food delivery economics, achieving quick commerce profitability milestones, and expanding new offerings like Toing for broader user adoption.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 unaudited financial results — check revenue and segment profitability trends.
Update on Quick Commerce Adjusted EBITDA improvement in subsequent quarters.
Progress of Toing expansion and its impact on new user acquisition and category growth.
MEDIUM RISK
While core food delivery profits improved, Quick Commerce continues to report significant losses (INR 778 crore) for the quarter.
💡 Investor Takeaway
Swiggy's Q1 FY27 overall revenue grew 34.0% YoY to INR 7,112 Cr. Food Delivery Adjusted EBITDA rose INR 100 Cr YoY to INR 292 Cr. Quick Commerce reached contribution break-even in May '26, signaling progress in segment profitability.
⚖️ Strengths & Concerns
✅ Positives
- Overall revenue grew 34.0% YoY to INR 7,112 Cr for Q1 FY27, indicating strong top-line growth across the platform.
- Swiggy Food Delivery Adjusted EBITDA increased by INR 100 Cr YoY to INR 292 Cr, demonstrating improved profitability in the core business.
⚠️ Concerns
- Quick Commerce reported an overall loss of INR 778 crore for the quarter, despite achieving contribution break-even in May '26.
- Quick Commerce contribution margin remained at -0.2% of GOV for the quarter, indicating that it is still not fully self-sustaining at the contribution level for the full period.
📅 Company Track Record
Swiggy's Q1 FY27 revenue of INR 7,112 Cr follows FY26 audited revenue from operations of INR 23,053 Cr. Q1 FY27 revenue is up 4.4% QoQ from Q4 FY26 revenue of INR 6,383 crore. Prior Q1 FY27 filing indicated 37.30% YoY revenue growth to INR 6,812 Crore.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Swiggy's overall revenue for the quarter ended June 30, 2026?
Swiggy reported an overall revenue of INR 7,112 Cr for the quarter ended June 30, 2026, which represents a 34.0% growth YoY.
How did Swiggy's Food Delivery Gross Order Value (GOV) perform in Q1 FY27?
Swiggy's Food Delivery GOV grew 17.4% YoY to INR 9,490 Cr for the quarter ended June 30, 2026.
What was the Adjusted EBITDA for Swiggy's Food Delivery business in Q1 FY27?
The Food Delivery business recorded an Adjusted EBITDA of INR 292 Cr in Q1 FY27, an improvement of INR 100 Cr YoY.
Did Swiggy's Quick Commerce business achieve any financial milestones in Q1 FY27?
Yes, Swiggy's Quick Commerce business hit contribution break-even in May '26, with GOV growing 39.8% YoY to INR 7,907 Cr for the quarter.
What was the total number of darkstores for Swiggy's Quick Commerce segment by June 30, 2026?
Swiggy's Quick Commerce segment net added 28 darkstores, bringing the total to 1,171 stores across 131 cities by the end of Q1 FY27.
Questions based on this BSE filing only. For information purposes.