SWIGGY UPDATE – CFO COMMENTS

• 💡 Profitability Guidance: Swiggy does not want to commit to a fixed profitability guidance; difficult to comment on EBITDA & PAT breakeven at this stage. ⚪ • 💰 Fundraising: Recent ₹10,000 Cr fundraise announcement does not change the path to profitability. 🟢 • ⚔️ Competition: Observing some competitive activity in the market; focus remains on operational execution. ⚪ • 🚀 Quick Commerce: Targeting contribution margin breakeven by Q1FY27 for Instamart/Quick Commerce business. 🟢 IMPACT: Positive on strategic clarity and financial discipline, neutral on short-term profitability visibility.