Swiggy Q2 FY27 results: revenue up 36%, loss narrows to Rs 922 cr
SWIGGY · price
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On the reaction day the stock moved 14.7 pts less than Nifty Midcap 150 and 14.9 pts less than its E-Retail/ E-Commerce peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Swiggy reported Q2 FY27 revenue of Rs 7,571 cr, up 36% from Rs 5,561 cr YoY. Half-year revenue grew to Rs 14,383 cr from Rs 10,522 cr. Quarterly loss narrowed to Rs 922 cr from Rs 1,092 cr YoY. Quick commerce revenue at Rs 4,546 cr led growth. Lynks Logistics was deconsolidated after sale to TIPL for Rs 500 cr. Auditor Walker Chandiok issued an unmodified review. One-time Labour Code impact of Rs 10 cr booked as exceptional item.
Strong revenue growth continues, losses are narrowing. Quick commerce remains the key growth driver. Deconsolidation of Lynks may affect segment numbers going ahead.