Swiggy Q3 FY26: Losses Rise to ₹1,065 Crore Amidst 54% Revenue Surge
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News18•29-01-2026, 18:50
Swiggy Q3 FY26: Losses Rise to ₹1,065 Crore Amidst 54% Revenue Surge
- •Swiggy's net loss increased by 33% year-on-year to ₹1,065 crore in Q3 FY26, despite a slight decrease from the previous quarter.
- •Revenue from operations saw a significant 54% jump, reaching ₹6,148 crore, driven by strong performance in both food delivery and Instamart.
- •Total expenses grew by 49% year-on-year to ₹7,298 crore, indicating heavy investment in growth.
- •Monthly Transaction Users (MTUs) increased by 37% to 24.3 million, showcasing a growing user base.
- •Instamart's revenue surged by 74% to ₹1,052 crore, with its Gross Order Value (GOV) more than doubling by 103%.
Why It Matters: Swiggy's Q3 FY26 saw increased losses due to investments, but strong revenue growth and user base expansion.
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