Swiggy Q1'26 Revenue Up 34% to ₹7,112 Cr; Quick Commerce Hits Break-Even

Swiggy Ltd reported unaudited financial results for the quarter ended June 30, 2026, with overall revenue growing 34.0% year-over-year to INR 7,112 Cr. The Food Delivery segment saw Gross Order Value (GOV) grow 17.4% YoY to INR 9,490 Cr, with Adjusted EBITDA increasing by INR 100 Cr YoY to INR 292 Cr. Notably, Swiggy's Quick Commerce (Instamart) achieved contribution break-even in May 2026, with GOV growing 39.8% YoY to INR 7,907 Cr. Adjusted EBITDA losses for Quick Commerce reduced by INR 80 Cr QoQ, though the segment posted an overall loss of INR 778 Cr for the quarter. Out-of-Home Consumption also showed strong performance with 44.8% YoY GOV growth.