Internet & Catalogue Retail company Swiggy announced Q2FY26 results Financial Highlights: Food delivery GOV grew 18.8% YoY; Adjusted EBITDA up 2.1x YoY to Rs 240 crore Swiggy Platform Gross Order Value rose ~48% YoY to clock Rs 16,683 crore Consolidated Adjusted EBITDA loss improved by Rs 118 crore QoQ, to a loss of Rs 695 crore Instamart GOV growth rose to 108% YoY and 24% QoQ led by a 40% YoY jump on AOV, Contribution margins improved by ~200 bps QoQ to -2.6%, while Adjusted EBITDA loss shrunk to Rs 849 crore Out of Home Consumption segment continued profitable trajectory with 52% YoY GOV growth, and Adjusted EBITDA margins stood at 0.5% of GOV Platform’s Average MTU increased 34% YoY to reach 22.9 million; with 36% of all users utilizing more than one service on the platform Overall, Quick Commerce posted a Rs 849 crore loss for the quarter, and Adjusted EBITDA margin improved to -12.1% from -15.8% in Q1. Sriharsha Majety, MD & Group CEO, Swiggy, said “Swiggy’s Food delivery business delivered another quarter of robust growth and improved profitability, with the double digit YoY order growth at the highest in 2 years. This was led by acceleration in user-growth on the back of new propositions like Bolt, 99-Store, Deskeats and Health-focused curations; all aimed at covering the entire breadth of user expectations. Instamart made giant strides in catering to all purchase-missions through Maxxsaver (grocery) and Quick India movement (non-grocery), driving up AOV 40% YoY. A ~200 bps QoQ Contribution margin improvement showcases our commitment to drive scale-led, sustainable and profitable growth in Quick-commerce, led by best-in-class speed and selection." Result PDF