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Informative

Swiggy doubles losses in Q1, sees 54% growth in topline driven by Instamart

Update / Judgement Date

31 Jul 2025

Source

YourStory

Author

Team — WCP Legal Desk

Reading Time

1 min read

Financial ManagementStart-Up & DPIIT

Swiggy's losses have reportedly doubled in Q1 FY26 to ₹1,197 crore, even as its revenue grew by 54%. The significant increase in losses is attributed to rising operating costs, particularly in its quick commerce arm, Instamart, where gross order value (GOV) soared 2x. Despite the financial headwinds, Swiggy's core food delivery business remains profitable, and the company continues to focus on long-term sustainable growth.