Swiggy has posted a strong start to FY27, with consolidated revenue from operations rising 37% year-on-year to Rs 6,812 crore for the quarter ended June 30, 2026, up from Rs 4,961 crore in the same period last year. The food delivery and quick commerce major also narrowed its net loss attributable to owners to Rs 791 crore, a sharp improvement from Rs 1,197 crore in Q1 FY26.
The topline growth came alongside a rise in marketing investment. Swiggy’s advertising and sales promotion expenditure grew nearly 12% year-on-year to Rs 1,160 crore, up from Rs 1,036 crore in the corresponding quarter last year, as the company continued to push customer acquisition and brand visibility across its food delivery and quick commerce businesses.
On the cost side, delivery and related charges climbed to Rs 1,750 crore from Rs 1,313 crore a year earlier, reflecting the scale-up in order volumes and expanding quick commerce operations. Employee benefits expense for the quarter stood at Rs 662 crore. Overall, total expenses rose to Rs 7,813 crore, compared with Rs 6,244 crore in the year-ago period, as the company continued to invest in growth even while working to improve its bottom line.
The results indicate Swiggy’s dual focus for the year – sustaining aggressive revenue growth, particularly in its faster-growing quick commerce vertical, while steadily narrowing losses through operating efficiencies. With ad spend rising in tandem with revenue, the company appears to be leaning into marketing-led growth even as it works toward profitability, setting the tone for its performance through the rest of FY27.
