Swiggy Ltd reported a 36.1% increase in consolidated revenue to Rs 7,571 crore for the September quarter, while net losses narrowed to Rs 922 crore from Rs 1,092 crore a year ago. The company also announced key leadership changes at Instamart and a strategic divestment of its B2B distribution arm.
Swiggy Q2 FY2027 Revenue Hits Rs 7,571 Crore as Losses Shrink
Revenue for Q2 stood at Rs 7,571 crore; net loss narrowed to Rs 922 crore.
Reader Takeaway: Strong revenue growth in quick-commerce and food delivery is successfully reducing the company's consolidated net losses.
What just happened
Swiggy Ltd has released its unaudited consolidated financial results for the quarter ended September 30, 2026. The company recorded a robust revenue growth of 36.1% compared to the same period last year. Simultaneously, the firm managed to reduce its net loss from Rs 1,092 crore in Q2 FY2026 to Rs 922 crore in Q2 FY2027.
Why this matters
The topline expansion is broad-based. Food Delivery revenue climbed to Rs 2,338 crore, while the Quick-commerce segment posted strong growth at Rs 1,306 crore. The Supply Chain and Distribution segment remains the largest revenue contributor at Rs 3,690 crore. For investors, this demonstrates that Swiggy is scaling its core businesses while demonstrating improved operational efficiency as net losses compress.
Corporate and Management Updates
Leadership transitions were noted, with Ms. Nandita Sinha appointed as the new CEO of Instamart effective August 3, 2026, succeeding Mr. Amitesh Kumar Jha. Additionally, the company completed a business restructuring involving the transfer of its B2B distribution business to Lynks Logistics Limited, which subsequently ceased to be a subsidiary as of September 15, 2026.
What to track next
Investors should focus on whether the new management at Instamart can sustain the quick-commerce growth momentum and if the company can maintain its path toward narrowing losses in the coming quarters.