Swiggy’s consolidated adjusted EBITDA loss declined 30.2% YoY to INR 341 Cr in Q2 FY25
The company said that while its food delivery business is already adjusted EBITDA profitable, it expects its Out of Home Consumption vertical to break-even in the ongoing fiscal year
Swiggy expects Swiggy Instamart to achieve adjusted EBITDA break-even by the second quarter Q2 of FY27
Foodtech major Swiggy
said it expects its business to achieve adjusted EBITDA profitability on a consolidated level in the third quarter of the financial year 2025-26 (FY26).
The company, which made its debut on the bourses last month, declared its financial results for the first time on Tuesday (December 3) after it became a publicly listed company. Swiggy’s consolidated net loss declined nearly 5% year-on-year (YoY) to INR 625.53 Cr in Q2 FY25, while operating revenue jumped 30% to INR 3,601.45 Cr.
In its shareholder letter, Swiggy said, “At the consolidated group level, we expect to achieve positive Adjusted EBITDA by Q3FY26 (Oct-Dec 2025).”
Swiggy’s consolidated adjusted EBITDA loss declined 30.2% YoY to INR 341 Cr in Q2 FY25.
The company said that its food delivery business is already adjusted EBITDA profitable and is seeing improvement in margins every quarter.
“The Out of Home Consumption business has made rapid progress in growth and profitability trajectory since acquisition and is expected to break-even in the current fiscal,” it said.
On the quick commerce business, Swiggy said that it expects adjusted EBITDA break-even by the second quarter of FY27 (July-September 2026).
The company mentioned that three out of the top seven cities where Swiggy Instamart is available are contributing positively, with 75% of the stores in these cities being profitable.
(The story will be updated soon.)
