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Its quick commerce business Instamart, which hit a major breakeven milestone in May 2026, saw 53% YoY growth in revenue to reach Rs 1,232 in the first quarter.
Swiggy narrowed losses 34% to Rs 791 Cr with 37% revenue growth; quick commerce achieved contribution breakeven in May 2026. Profitability signals shift to sustainable delivery economics; B2B diversification (+41%) provides alternative revenue vs consumer commoditization.
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Swiggy narrows Q1 losses as revenue jumps 37%, but Instamart growth slows amid profitability push

India's Swiggy posts narrower loss as quick commerce arm hits contribution break-even

Swiggy posts narrower loss as quick commerce arm hits contribution break-even

Swiggy Q1 Results: Net loss narrows to Rs 791 crore; revenue jumps 37% YoY

Swiggy’s Q1 loss narrows as Instamart's profitability push slows growth - The Economic Times

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Swiggy narrows Q1 losses with a 37% revenue increase, while Instamart's growth slows amid a focus on profitability.

July 30 : India's Swiggy Ltd on Thursday posted a narrower quarterly loss by 34 per cent, buoyed by healthy demand for its food…

Revenue beats estimates; food delivery and quick commerce drive growth

Swiggy Q1 Results: The online food and grocery delivery platform reported a 37% year-on-year increase in revenue from operations…

The Bengaluru-based food and grocery delivery company said that its quick commerce unit Instamart, which became contribution…

Swiggy delivered improved Q1 earnings with a narrower loss and higher revenue. This and more in todays ETtech Top 5.