Growth Vs Profitability: Swiggy’s Tug-Of-War

Swiggy's shares fell around 15% to ₹179.90 on October 23, 2026, wiping out roughly ₹9,000 Cr in market capitalisation, after its Q2 FY27 results, Inc42 reported on 26 October 2026. Revenue from operations rose 36.1% YoY to ₹7,571 Cr, and consolidated net loss narrowed to ₹922 Cr. Instamart's adjusted EBITDA loss widened to ₹895 Cr while its net order value grew 13.4% sequentially.

Source: Inc42 ↗