Food and grocery delivery platform Swiggy reported a net loss of ₹1,092 crore for the September quarter (Q2 FY26), widening 74.4 per cent year-on-year from ₹626 crore in the same period last year, even as operating revenue grew sharply by 54.4 per cent to ₹5,561 crore. The loss, though marginally lower than the ₹1,197 crore reported in the June quarter, underscores how Swiggy’s aggressive expansion in quick commerce continues to strain its bottom line.
Total expenses rose 56 per cent y-o-y to ₹6,711 crore, led by higher delivery-related costs, advertising spends and employee benefits. The company’s adjusted EBITDA loss widened to ₹695 crore, up 104 per cent from ₹341 crore in Q2 FY25. Sequentially, however, the loss narrowed from ₹813 crore in the previous quarter, indicating early sign

Businessline

Bharat News
The Federal
NDTV Profit
FOX News Videos
CBS News
New York Post
The Hollywood Reporter Movies