What was filed
Swiggy submitted a press release to the BSE and NSE covering its unaudited financial results for the quarter ended June 30, 2026. The disclosure centres on two developments the company treats as central: continued profitability improvement in food delivery, and a stated contribution break-even in its Instamart quick-commerce business during May 2026 — described by MD & Group CEO Sriharsha Majety as arriving "exactly as we guided a year ago."
Across the segments
Food delivery gross order value rose year-on-year. The company notes that restaurant-driven cancellations tied to LPG supplies early in the quarter dampened the reported figure, and estimates like-for-like growth would have been about 18% YoY. Food delivery adjusted EBITDA moved further into positive territory, though the company flags a seasonal margin impact and an annual wage hike during the quarter.
Instamart's contribution margin improved to close to break-even, even as the segment posted an overall loss for the quarter. Out-of-home consumption is described as a profitable, fast-growing part of the business, and the company said its budget delivery service Toing has expanded to 50 cities.
Why it matters to a holder
For a business that has been reporting losses in quick commerce, a stated contribution break-even is the operating milestone the company itself frames as an inflection point. The filing pairs continued revenue growth with narrowing quick-commerce losses, giving holders a read on the trajectory of the two businesses that anchor the group. The results are unaudited.
