SWIGGY Q2: FOOD DELIVERY HITS RECORD EBITDA;

SWIGGY Q2: FOOD DELIVERY HITS RECORD EBITDA; INSTAMART ACCELERATES GROWTH

• REVENUE GROWTH: Overall revenue up 33.8% YoY to ₹7,909 Cr • FOOD DELIVERY: GOV up 17.7% YoY to ₹10,054 Cr, with September growth exceeding 20% YoY • RECORD PROFITABILITY: Food Delivery Adjusted EBITDA increased ₹101 Cr YoY to ₹341 Cr, with margin at 3.4% of GOV • TOING EXPANSION: Company sees potential for combined Swiggy and Toing marketplace growth of 25–30% • INSTAMART GROWTH: GOV up 16.7% QoQ to ₹9,230 Cr, while NOV rose 13.4% QoQ to ₹6,594 Cr • INSTAMART MARGINS: Contribution margin remained negative at 1.0% of GOV, despite improving 157 bps YoY • OUT-OF-HOME BUSINESS: GOV grew 34.9% YoY, with Adjusted EBITDA margin at 0.5% of GOV Impact: Positive — Food Delivery achieved record Adjusted EBITDA, supported by strong growth and improving margins. Instamart continues to scale, although its negative contribution margin remains a key profitability challenge.