SWIGGY UPDATE

1. Business & Financials

Q4FY26 Results: Net loss narrowed to ₹800 crore vs ₹1,081 crore YoY.

Food Delivery: Strong growth + better margins. Segment crossed ₹10,000 crore annual adjusted EBITDA. Gross order value up ∼23% to ₹90.05 billion.

Quick Commerce - Instamart: GOV up 68.8% to ₹78.81 billion. CEO Sriharsha Majety says they’re focusing on profitability, not a spending war with Amazon/Flipkart/Reliance. Instamart now has 1,100+ dark stores. 

2. Fees & New Features

Platform Fee Hiked: Raised to ₹17.58 per order incl. GST. Last hike was in Sept 2025. Now almost at par with Zomato’s ₹14.90 + GST.

EatRight Launch: New category in 50+ cities for health-conscious users - high protein, low calorie, no sugar options. 1.8 million dishes from 2 lakh restaurants. Tier-2 cities saw 2x YoY growth.

Voice Ordering: Partnered with Sarvam AI for multilingual voice-led commerce in 11 Indian languages including Telugu, Hindi, Tamil. You can order without even opening the app.

3. IOCC & Ownership

Indian Owned Status: Foreign investment now at 49.76% as of July 6, 2026. Swiggy is restructuring to qualify as an Indian Owned and Controlled Company IOCC. Stock jumped 7% after domestic ownership crossed 50%.

Board Changes: Co-founder Nandan Reddy stepped down from board. New directors joined. 

4. Competition & Other News

Competition heating up: Amazon, Flipkart aggressive expansion + Zepto IPO plans putting pressure.

Toing budget app: Meals from ₹49, even ₹9. But some restaurants allege being listed without consent.

Gig Workers: Govt asked Swiggy, Zomato, Uber etc to register gig workers on e-Shram portal by June 21 for social security benefits.

Viral incident: Delivery partner fined ₹850 despite no fault - Swiggy said it’s looking into it. 

Quick Take

Swiggy is pushing 2 things right now: profitability in food delivery + restrained growth in quick commerce. Also going big on Bharat users with voice ordering + EatRight