Swiggy Delivers Strong Growth with Food Delivery Turning Profitable and Quick Commerce Surging

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reported impressive quarterly performance with Monthly Transacting Users rising to 16.3 million and Gross Order Value reaching ₹8,542 crores — up 18.8% year-on-year. Its food delivery business turned profitable, achieving an annualized adjusted EBITDA of ₹960 crores. The quick commerce segment posted robust 107.6% YoY GOV growth to ₹4,670 crores, though it remains loss-making with a -12.1% EBITDA margin. Swiggy expanded its dark store footprint to 1,102 stores across 128 cities, while the out-of-home consumption segment grew 50% YoY and stayed profitable for the third straight quarter. Overall, the platform achieved 30% B2C GOV growth, driven by cross-service engagement and strong customer retention across multiple offerings.