Swiggy eyes operational profitability by December 2025

Swiggy targets operational profitability by December 2025, reporting reduced net losses of Rs 625.5 crore for the September quarter, with a 30% revenue increase. It aims for positive adjusted EBITDA by Q3 FY26. Swiggy's food delivery business grew 15% annually, and its Instamart quick commerce plans to expand into new cities and increase dark store areas.

Dec 4, 2024 - 21:00
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Swiggy eyes operational profitability by December 2025
Swiggy targets operational profitability by December 2025, reporting reduced net losses of Rs 625.5 crore for the September quarter, with a 30% revenue increase. It aims for positive adjusted EBITDA by Q3 FY26. Swiggy's food delivery business grew 15% annually, and its Instamart quick commerce plans to expand into new cities and increase dark store areas.

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