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Swiggy’s Q1 FY26 numbers served up a familiar dish from India’s foodtech kitchen – sizzling growth but with bloated losses. The company’s operating revenue surged 54% YoY to INR 4,961 Cr while net losses nearly doubled YoY to INR 1,197 Cr due to aggressive quick commerce expansion.
Here are the key takeaways from Swiggy’s Q1 FY26 numbers:
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Swiggy’s Q1 FY26 numbers served up a familiar dish from India’s foodtech kitchen – sizzling growth but with bloated losses. The company’s operating revenue surged 54% YoY to INR 4,961 Cr while net losses nearly doubled YoY to INR 1,197 Cr due to aggressive quick commerce expansion.
Here are the key takeaways from Swiggy’s Q1 FY26 numbers:
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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