SynopsisSwiggy aims for ten thousand crore rupees adjusted Ebitda by fiscal year thirty-one. Its food delivery business will contribute five thousand crore rupees to this goal. The quick commerce unit, Instamart, is expected to generate four thousand crore rupees. Swiggy also targets one lakh crore rupees in net order value across its operations. The company is working to make its quick commerce unit profitable soon.ETtechFood and grocery delivery platform Swiggy has set a target of generating Rs 10,000 crore in annual adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) by fiscal 2031, according to a presentation made at the company’s capital markets day on Thursday.Adjusted Ebitda is a measure of a company’s core operating profit that excludes one-time items, non-cash expenses and certain accounting adjustments.In fiscal 2026, the company reported an adjusted Ebitda loss of Rs 2,483 crore, largely due to losses at its quick commerce unit, Instamart. Swiggy’s food delivery business, however, remained profitable, reporting an operating profit of Rs 1,001 crore during the year.To achieve its FY31 adjusted Ebitda target of Rs 10,000 crore, Swiggy expects its food delivery business to contribute Rs 5,000 crore in operating profit, while Instamart is projected to generate Rs 4,000 crore. The remaining Rs 1,000 crore is expected to come from its out-of-home consumption business, which reported an operating profit of Rs 29 crore in FY26.In May, while announcing its January-March quarter results, Swiggy said it aims to reach Rs 1 lakh crore in net order value (NOV) across its businesses over the medium term.In the April-June quarter, Swiggy narrowed its consolidated net loss by 34% year-on-year to Rs 791 crore as it stepped up efforts to make Instamart profitable. The Bengaluru-based company said its quick commerce business, which turned contribution-neutral during the quarter, is expected to break even on an adjusted Ebitda basis once it reaches 250-300 million quarterly orders, up from 114.5 million in the June quarter.Contribution is a financial metric that measures the revenue remaining after variable costs are deducted. ...moreElevate your knowledge and leadership skills at a cost cheaper than your daily tea.Subscribe Now