Bengaluru-based online food ordering and delivery platform Swiggy, which also provides quick-commerce services via its Instamart arm, maintains its target of achieving contribution margin break-even in the quick-commerce segment by the April–June quarter of 2026 (Q1 FY27).

Chief Financial Officer Rahul Bothra said Swiggy ’s quick-commerce business has now posted three consecutive quarters of over 100% growth, with strong user additions and rising order values.

“We crossed ₹7,000 crore in the quick commerce business in the previous quarter, doubling our user base over the last year,” he told CNBC-TV18, adding that the company remains on track to reach contribution margin break-even by June 2026.

Swiggy recently announced plans to raise nearly ₹10,000 crore through a qualified instituti

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