Swiggy Limited — PPTs, 10-11-2025: Investor Presentation

**Business Performance:** Swiggy's Q2FY26 B2C GOV hit 16,682 Cr. Food Delivery grew GOV 18.8% YoY with 240 Cr Adjusted EBITDA. Quick Commerce (Instamart) surged 107.6% YoY in GOV, its losses narrowing. Out-of-Home consumption jumped 52.5% YoY, now profitable.

**Growth Drivers or Strategy:** Strategy centers on urban convenience via hyperlocal solutions. Growth fueled by new users from innovations like 10-min delivery, affordable meals, and optimized pricing. Quick Commerce targets wallet share expansion through speed, selection, and value, boosting basket size.

**Recent Developments:** Quick Commerce network expanded to 1,102 darkstores in 128 cities. Cash burn halved in two quarters; 2,400 Cr expected from Rapido stake-sale. More users tapping multiple Swiggy services fuels platform growth.

**Key Financial Metrics:** Q2FY26 consolidated Adjusted EBITDA: (695) Cr. Proforma closing cash strong at 7,005 Cr.

**Management Commentary / Outlook:** Management anticipates a clear path to profitability across all segments, driven by operating leverage and smart capital allocation. They see significant growth potential in expanding offerings, with identified levers set to boost Quick Commerce margins.