Swiggy’s November 2025 corporate presentation highlights the company’s focus on urban convenience, strong execution, and profitability. Q2FY26 saw 51% B2C GOV share, and Instamart’s growth builds an ‘everything store.’ Food delivery remains a key profit engine, and strategic acquisitions expand platform capabilities. The company emphasizes responsible growth driven by a robust leadership team.
Key Financial Highlights
Swiggy’s corporate presentation for November 2025 emphasizes rapid growth, disciplined capital allocation, and a clear path to profitability.
Growth in Monthly Transacting Users
MTU growth accelerated to mid-to-high teens. Q2FY26 witnessed double-digit YoY order growth.
Gross Order Value (GOV)
GOV has grown at a steady YoY increase of approximately 18.5% over the past four quarters.
Food Delivery Performance
Food delivery MTUs represent roughly 13% of the ever-transacted user base.
Instamart Growth
Instamart’s growth is notable, with rapid growth rates reported.
Acquisition
Quick Commerce witnessed roughly 300bps CM improvement in the last two quarters, operating leverage is playing out, and is visible in ~590bps improvement during that period. In Q2FY26, average MTU on Swiggy stands at ~23 million.
Profitability
Food delivery business generated an annualized adjusted EBITDA of approximately INR 960cr in Q2FY26.
Financial Performance
Adjusted Revenue increased by +43.7%. Advertising revenue accounted for over 4% of GOV in Q2FY26. The food delivery business saw revenue and adj. revenue grow by approximately 44%. & 97% respectively in the last 2 years.
Quick Commerce Performance
GOV growth accelerated to above 100% over the past year.
Out-of-Home Consumption
Out-of-home consumption is up over 50% with YoY growth and has been profitable for the last three quarters.
B2C GOV
Accelerated growth of B2C GOV is led by a shift in the GOV mix towards the rapidly growing Quick-commerce segment, while Food delivery continues to grow steadily.
ESG Initiatives
Progress is being made towards Swiggy’s 2030 sustainability goals, emphasizing a commitment to responsible growth. This includes fleet electrification and initiatives to support women-led restaurants.
Source: BSE
