Archive · 30 Jul 2026
Swiggy Cuts Q1 Net Loss 34% to ₹791 Cr
Swiggy is a company that delivers food in India.
In the first quarter of its 2027 financial year, it lost money, but the loss was smaller than last year.
The company made more money from selling food and other services, which helped reduce the loss.
It earned about ₹7,023 crore in total, but spent ₹7,813 crore, so it still lost money.
The loss was a little less than the previous quarter, showing a small improvement.
Swiggy’s net loss for Q1 FY27 fell 34% YoY to ₹791 crore.
Total income rose to ₹7,023 crore, driven by ₹6,812 crore operating revenue and ₹211 crore other income.
Operating revenue increased 37% YoY and 7% QoQ.
Total expenses grew 25% YoY to ₹7,813 crore.
Sequentially, net loss declined 1.1% from ₹800 crore in Q4 FY26.
- Who
- Swiggy, an Indian food‑tech company
- What
- Trimmed its Q1 FY27 net loss by 34% to ₹791 crore while revenue rose 37% YoY
- When
- June 2026 quarter (Q1 FY27)
- Where
- India
- Why
- Higher operating revenue contributed to a lower net loss
- Net loss
- ₹791 crore
- Total income
- ₹7,023 crore
- Operating revenue
- ₹6,812 crore
- Total expenses
- ₹7,813 crore
- YoY revenue growth
- 37%
- YoY expense growth
- 25%