Business Development Manager

Swiggy and JioHotstar partner for an interactive campaign: bring to life the Roadies Rebirth Menu. By Business Wire India - Published on October 23, 2026 at 5:33 PM IST Business Wire India Swiggy, India's leading on-demand convenience platform, has partnered with JioHotstar and MTV for the 21st season of its iconic youth reality show, Roadies Rebirth. It has also rolled out a unique, interactive campaign to bring alive the Roadies excitement through food. As a part of the partnership, Swiggy has rolled out a playful "OGs vs NewGs" contest on the app and launched the Roadies Rebirth Menu that includes two thematic menus, under The OGs and The NewGs, curated for the Swiggy app. The OGs dishes includes the timeless, comforting classics like Dal Chawal, Chole Bhature, Biryani and The NewGs includes fresh, global and new dishes like Ramen, Smoothies, Sushi, Avocado Toast, Cold Brew, Matcha, Cheesecake etc. To drive discovery, Swiggy has enabled over 50+ distinct keywords to power the thematic search journey. Inside the app, a real-time scoreboard amplifies the competitive 'OGs vs NewGs' battle vibes, aligning with the rivalry and spirit of Roadies Rebirth. With this gamification, the brands are creating an immersive experience and an interactive playground for community, entertainment and food preferences, mirroring how today's audience eats, lives and engages with trends that define them. The idea was to bring the campaign theme and players alive on the platform in a very contextual and interesting way by curating thematic menus that are hosted inside a branded destination on the platform. Disclaimer: The above press release comes to you under an arrangement with Business Wire India. Publication takes no editorial responsibility for the same. Business Wire India, established in 2002, India's premier media distribution company ensures guaranteed media coverage through its network of 30+ cities and top news agencies.

Swiggy Q2 results: loss rises to Rs 922 crore as revenue jumps 36%. Swiggy reports a Q2 FY27 net loss of Rs 922 crore as expenses rise, while revenue grows 36.1% and food delivery profitability hits a record high. Published on: 23 Oct 2026 12:30 AM Swiggy reported a consolidated net loss of Rs 922 crore for the September quarter of FY27, up from Rs 791 crore in the previous quarter. However, the loss was lower than the Rs 1,092 crore recorded in the same quarter last year. The food delivery and quick-commerce company's revenue from operations grew 36.1% year-on-year to Rs 7,571 crore, even as rising expenses and Instamart's expansion continued to put pressure on its overall financial performance. Why did Swiggy's loss increase? Swiggy's latest results show a mixed picture. The company is earning more revenue, but its spending remains high. Its consolidated net loss increased by Rs 131 crore compared with the June quarter, moving from Rs 791 crore to Rs 922 crore. The year-on-year comparison, however, tells a different story. Swiggy's loss narrowed from Rs 1,092 crore in Q2 FY26 to Rs 922 crore in Q2 FY27. This means the company reported a smaller loss than it did a year earlier, despite the increase from the previous quarter. Total expenses rose to Rs 8,703 crore from Rs 6,711 crore in the same period last year. The figures were disclosed in the company's stock exchange filing. The challenge for Swiggy is to keep growing its business while controlling costs. Its different segments are moving at different speeds, with food delivery showing stronger profitability and quick commerce continuing to spend heavily on expansion. Revenue crosses Rs 7,500 crore. Swiggy's revenue from operations reached Rs 7,571 crore during Q2 FY27, compared with Rs 5,620 crore a year earlier. That represents a 36.1% year-on-year increase. Growth across food delivery, quick commerce and out-of-home consumption helped lift revenue. These businesses serve different customer needs, from ordering meals to buying everyday essentials and discovering places to eat outside the home. Higher revenue is an encouraging sign for the company. But revenue growth alone does not mean a business is profitable. Swiggy must also manage delivery costs, operating expenses and the money it spends to attract customers and expand its services. The latest results show why investors may look at individual business segments rather than judging the company on revenue alone. Food delivery reaches a profitability milestone. Swiggy's core food delivery business delivered one of the strongest performances in the quarter. Its gross order value (GOV), which measures the value of orders placed through the platform, increased 17.7% year-on-year to Rs 10,054 crore. Adjusted EBITDA improved by Rs 101 crore to Rs 341 crore. Adjusted EBITDA is a measure of operating performance before interest, taxes, depreciation and amortisation, with certain adjustments. The segment's adjusted EBITDA margin reached 3.4% of GOV. According to the reported results, this was the highest-ever profitability and margin performance for Swiggy's food delivery business. This matters because a stronger margin means the segment is generating better operating returns relative to the value of orders. If this performance continues, food delivery could become an increasingly important contributor to Swiggy's overall financial health. Instamart expands, but losses remain high. Quick-commerce business Instamart continued to grow, but its expansion came with a substantial cost. Its net order value (NOV) rose 31.4% year-on-year and 13.4% compared with the previous quarter, reaching Rs 6,954 crore. Instamart added 69 dark stores during the quarter, taking its total network to 1,240 stores across India. Dark stores are facilities used to store products and prepare orders for quick delivery. A larger network can help a company serve more neighbourhoods and handle more orders. However, Instamart reported a loss of Rs 895 crore for the quarter. Its contribution margin improved by 157 basis points year-on-year to minus 1% of GOV, although it declined by 82 basis points sequentially. Its adjusted EBITDA margin improved slightly to minus 9.7%, compared with minus 9.8% in the previous quarter. These numbers show the trade-off Swiggy faces. Expanding quickly can bring more customers and orders, but new stores and operations also add costs. Instamart will need to improve its margins as it grows. Out-of-Home business keeps growing. Swiggy's out-of-home consumption business also recorded healthy growth. Its GOV increased 34.9% year-on-year to Rs 1,508 crore. The segment remained profitable for the seventh consecutive quarter. Its adjusted EBITDA margin stood at 0.5% of GOV. Although this business is smaller than food delivery and Instamart, its continued profitability adds another positive element to Swiggy's results. It also shows that growth is not limited to online meal delivery and quick-commerce orders. What do Swiggy's Q2 results mean? Swiggy's September-quarter results present two sides of its business. Revenue is rising, food delivery has reached a record profitability level, and out-of-home consumption continues to deliver profits. At the same time, the overall loss increased from the previous quarter, while Instamart's expansion remains expensive. The next challenge will be turning business growth into more consistent company-wide financial improvement. Investors and market watchers will likely keep an eye on revenue, operating costs, food delivery margins and Instamart's path towards better profitability. For now, Swiggy's latest numbers show a growing business that is making progress in some areas but still has significant costs to manage.