Swiggy’s consolidated revenue from operations surged 51% year-on-year to Rs 23,053 crore in FY26, compared to Rs 15,227 crore in the previous financial year. The company’s total income stood at Rs 23,561 crore during the year.

The supply chain and distribution business emerged as Swiggy’s largest revenue contributor, generating Rs 10,935 crore during FY26. Food delivery operations contributed Rs 7,832 crore, while the company’s quick commerce segment added Rs 3,859 crore in revenue.

Additional revenue also came from out-of-home consumption services such as Dineout and platform innovation initiatives.

However, rising operational expenses continued to impact profitability. Swiggy’s consolidated net loss widened to Rs 4,154 crore in FY26 from Rs 3,117 crore in FY25. The increase in losses was mainly due to higher spending on advertising, employee benefits, delivery operations, and expansion initiatives.

Advertising and sales promotion expenses alone crossed Rs 4,207 crore during the financial year. Finance costs rose to Rs 200 crore, while depreciation and amortisation expenses increased significantly to Rs 1,217 crore.

In the fourth quarter of FY26, Swiggy delivered particularly strong performance. Revenue from operations jumped 44.7% to Rs 6,383 crore compared to Rs 4,410 crore in the same quarter last year.

At the same time, the company managed to reduce its quarterly losses. Net loss narrowed 26% to Rs 800 crore in Q4 FY26 from Rs 1,081 crore in Q4 FY25, indicating improving profitability trends as revenue growth outpaced expenses.

During the quarter, Swiggy’s supply chain and distribution segment generated Rs 3,135 crore in operating revenue, up sharply from Rs 2,004 crore a year earlier.

Food delivery revenue rose 27.4% to Rs 2,075 crore, while quick commerce revenue witnessed an impressive 53% growth to Rs 1,057 crore.

The company also earned Rs 266 crore as other income during the quarter, taking its total income to Rs 6,649 crore.

Total quarterly expenses increased to Rs 7,448 crore from Rs 5,610 crore in the corresponding period last year, largely because of procurement costs for FMCG products, employee expenses, delivery operations, and promotional spending.

Swiggy’s balance sheet also strengthened considerably during FY26 after the company raised fresh capital. Total consolidated assets increased to Rs 25,237 crore as of March 31, 2026, compared to Rs 15,205 crore a year earlier. Cash and cash equivalents more than doubled to Rs 2,747 crore.

The company generated a net cash inflow of Rs 9,397 crore from financing activities during FY26, mainly due to Rs 10,000 crore raised through a Qualified Institutions Placement (QIP).

Despite this, Swiggy continued to burn cash in its operations. Net cash outflow from operating activities rose to Rs 2,898 crore during FY26, compared to Rs 2,169 crore in the previous year.

On a standalone basis, Swiggy reported revenue from operations of Rs 8,258 crore, up from Rs 6,667 crore in FY25. The company posted a profit of Rs 416 crore from continuing operations. However, losses from discontinued operations amounting to Rs 3,835 crore led to an overall standalone loss of Rs 3,419 crore for the year.

Commenting on the results, Sriharsha Majety said the food delivery business recorded its strongest growth pace in nearly four years and crossed Rs 1,000 crore in annual adjusted EBITDA.

He added that Swiggy’s out-of-home business continues to grow profitably, while the quick commerce segment is now entering a phase focused on anticipating consumer needs rather than simply delivering products quickly.

According to Majety, the company’s unit economics are improving every quarter, and Swiggy remains on track to achieve contribution margin breakeven in quick commerce as planned. He also highlighted that the company’s strong balance sheet provides room for disciplined growth and expansion going into FY27.

The post Swiggy Q4 FY26 Results: Revenue Jumps 45% to Rs 6,383 Crore appeared first on The India Bizz Startup News Website.

The post Swiggy Q4 FY26 Results: Revenue Jumps 45% to Rs 6,383 Crore appeared first on The India Bizz Startup News Website.

Within just months of his appointment, Biswas has led Flipkart Minutes to double its business every 45 days, signaling strong traction in a competitive space dominated by the likes of Blinkit, Swiggy Instamart, and Zepto. Now, Flipkart is preparing to roll out its quick-commerce services nationwide, with a sharp focus on tier-2 and tier-3 cities — an underserved segment in the current landscape.

800 Dark Stores by Year-End

To support this aggressive growth plan, Flipkart aims to establish 800 dark stores across India by the end of 2025, significantly expanding its fulfilment capabilities. These dark stores—localized warehouses dedicated to fulfilling online orders quickly—are central to the company’s ability to promise deliveries in under 15–30 minutes.

“Our model is built on scale, speed, value, and deep market penetration. We’re not just replicating what others are doing in metros — we’re building a model that works just as efficiently in cities like Nashik, Bhilai, and Madurai,” said Kabeer Biswas.

Focus on Non-Metro Markets

While competitors have focused their efforts on major metros, Flipkart Minutes is taking a differentiated route by tapping into the next wave of digital buyers emerging from smaller cities. These regions are seeing rapid smartphone adoption and rising disposable incomes, making them ripe for quick-commerce growth.

Flipkart is leveraging its existing logistics, last-mile delivery network, and supply chain expertise to gain a competitive edge in these geographies. With its vast warehouse infrastructure already in place, the company believes it can scale quickly without compromising on delivery time or product availability.

The Walmart Backing Advantage

As a Walmart-owned company, Flipkart has access to global best practices in supply chain optimization, inventory management, and customer experience. The deep pockets of its parent company also enable it to make long-term bets, absorb initial burn, and still prioritize unit economics and sustainable growth.

“Quick commerce isn’t just about 10-minute deliveries,” Biswas added. “It’s about consistent reliability, wide assortment, and hyper-local relevance — especially in regions that haven’t had access to this level of convenience before.”

The Bigger Picture: Flipkart vs. Quick-Commerce Rivals

India’s quick-commerce market is witnessing explosive growth, with players like Blinkit (owned by Zomato), Zepto, and Swiggy Instamart fiercely competing for market share. However, while the urban market is quickly becoming saturated, Flipkart’s rural and semi-urban push gives it a first-mover advantage in these territories.

Analysts suggest that Flipkart’s approach could redefine the quick-commerce narrative in India by democratizing instant delivery services for millions of new internet users outside major cities.

The post Flipkart Launches Quick Commerce in Tier-2, Tier-3 Cities appeared first on The India Bizz Startup News Website.

The post Flipkart Launches Quick Commerce in Tier-2, Tier-3 Cities appeared first on The India Bizz Startup News Website.