Swiggy Limited reported a consolidated net loss of ₹922 crore for the second quarter of FY27, compared with a net loss of ₹1,092 crore in the corresponding quarter of the previous financial year. Revenue from operations increased 36.1% year-on-year (YoY) to ₹7,571 crore, reflecting growth in the company’s food delivery and quick-commerce businesses.
However, the company’s loss widened compared with the previous quarter, when it reported a net loss of approximately ₹791 crore. The latest results highlight the company’s continued revenue growth alongside the challenge of improving profitability.
Swiggy Q2 Results : Key Financial Highlights
- Revenue from operations: ₹7,571 crore, up 36.1% YoY from ₹5,561 crore.
- Consolidated net loss: ₹922 crore, compared with ₹1,092 crore in Q2 FY26.
- Quarter-on-quarter performance: Net loss increased from approximately ₹791 crore in Q1 FY27.
- Total expenses: ₹8,703 crore, compared with ₹6,711 crore in the year-ago quarter.
Note: Figures are based on published results coverage and should be cross-checked against the company’s official exchange filing before publication.
Revenue Growth Continues
Swiggy’s revenue from operations rose to ₹7,571 crore in Q2 FY27 from ₹5,561 crore in the same quarter last year. This represents year-on-year growth of approximately 36.1%.
The increase indicates continued expansion in the company’s business. Swiggy operates across food delivery and quick commerce, with Instamart serving customers looking for groceries and other everyday essentials.
While revenue growth remained strong, total expenses also increased to ₹8,703 crore from ₹6,711 crore a year earlier. Expenses exceeding revenue contributed to the company’s continued net loss.
Net Loss Narrows Year-on-Year
Swiggy’s consolidated net loss declined to ₹922 crore from ₹1,092 crore in Q2 FY26. This marks an improvement of ₹170 crore, or approximately 15.6%, compared with the corresponding quarter last year.
However, the sequential trend was less favourable. The net loss increased from approximately ₹791 crore in Q1 FY27, indicating that profitability remains a key area to monitor.
The company’s performance will depend on how effectively it balances business expansion, operating expenses and investments in its growth segments.
Food Delivery and Instamart Remain Key Areas to Watch
Swiggy’s business includes its established food delivery platform and its quick-commerce service, Instamart. Both are important to understanding the company’s revenue growth and path towards improved profitability.
For food delivery, investors may monitor order growth, customer demand and operating efficiency. In quick commerce, the pace of expansion, fulfilment costs and the economics of individual orders will remain important factors.
The latest consolidated results provide an overall view of Swiggy’s financial performance. Segment-level disclosures in the official results filing can provide further detail on the contribution and performance of its different businesses.
What the Results Mean for Investors
Swiggy’s Q2 FY27 performance presents a mixed picture. Revenue increased by more than 36% year-on-year, while the consolidated net loss narrowed compared with the same quarter last year.
At the same time, the increase in the loss compared with Q1 FY27 and the rise in total expenses show that stronger revenue has not yet translated into consistent quarter-on-quarter improvement in profitability.
Investors tracking the company may focus on revenue growth, expense management, segment-level performance and progress towards reducing losses in subsequent quarters. The results should be assessed alongside the company’s official financial statements and management commentary rather than revenue growth alone.
Source : The financial figures in this report are based on published coverage of Swiggy’s Q2 FY27 results dated October 22, 2026. The company’s official exchange filing should be consulted to confirm the final reported figures and segment-level details.
Disclaimer : Investments in the securities market are subject to market risks. Read all related documents carefully before investing. This article is for informational and educational purposes only and should not be considered investment advice or a recommendation to buy or sell any security.
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