India's Swiggy Reports Wider Quarterly Loss on Marketing Cost Spike
INDIA, JUL 31 – Swiggy's losses nearly doubled to Rs 1,197 crore in Q1 FY26 driven by heavy spending on Instamart and marketing amid rising competition, despite 54% revenue growth, company data shows.
10 Articles
10 Articles
Swiggy falters under quick commerce strain as losses nearly double in Q1
Instamart saw its revenue grow to ₹806 crore in April–June, up from ₹374 crore a year ago. But its losses also shot up to ₹797 crore, compared to ₹280 crore last year. This steep rise in Instamart’s losses is the main reason why Swiggy’s total loss nearly doubled to ₹1,197 crore.
India's Swiggy reports wider quarterly loss on marketing cost spike
Swiggy's quarterly loss nearly doubled from a year earlier as the Indian online delivery platform spent more on marketing to attract customers in a highly-competitive market, its results showed on Thursday. Swiggy, a decade-old player and one of the market leaders in the food delivery business alongside Etern
Swiggy’s ad spend jumps 133% YoY to Rs 1,036 crore in Q1FY26; losses widen
New Delhi: E-commerce and food delivery conglomerate Swiggy reported a steep rise in its advertisement expenses. As per stock exchange filings, the company spent Rs 1,036 crore on advertising in the quarter ending June 30, 2025. This marked a year-on-year increase of 132.8%, compared to Rs 445 crore spent in the corresponding quarter of the previous fiscal. On a sequential basis, promotional expenses saw an uptick of 5.93%, with ad spends in the…
Swiggy’s Losses Almost Double In Q1 To Rs 1,197 Crore
Swiggy Restricted, the meals supply and fast commerce platform, on Thursday reported a internet lack of Rs 1,197 crore year-on-year (YoY) for the June quarter (Q1 FY26), virtually double the Rs 611 crore loss it posted in the identical interval earlier yr (Q1 FY25). On quarter-on-quarter (QoQ) foundation, the Bengaluru-based agency posted a internet lack of Rs 1,081 crore within the earlier quarter (This fall FY25), in keeping with its invento…
Coverage Details
Bias Distribution
- 67% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium