Dark Mode
NeedToday
  • Thursday, 05 December 2024

Swiggy eyes operational profitability by December 2025

Swiggy targets operational profitability by December 2025, reporting reduced net losses of Rs 625.5 crore for the September quarter, with a 30% revenue increase. It aims for positive adjusted EBITDA by Q3 FY26. Swiggy's food delivery business grew 15% annually, and its Instamart quick commerce plans to expand into new cities and increase dark store areas.

Comment / Reply From