As Swiggy focuses on Instamart, the market's attention turns to execution and profitability.
India Hates To Wait
This phrase, displayed in Instamart's signature blue-orange colors, highlights speed, but investors' wait for Swiggy's profitability continues.
In Q2 FY26, Swiggy's net losses increased by 74% year-over-year, exceeding INR 1,000 Cr, while revenue grew by 54% to INR 5,561 Cr.
Author's summary: Swiggy's profitability wait continues.