Swiggy 4QFY26 Results Review: FD growth momentum continues; QC gap widens

Swiggy delivered strong Q4FY26 food delivery momentum, with GOV growth exceeding guidance, driven by rising monthly transacting users, higher order volumes, and improved monetization. Margins in food delivery continued to expand on better ad revenues and fleet utilization.

In quick commerce, Instamart prioritized profitability over growth, resulting in slower NOV growth but meaningful improvement in contribution margins, narrowing losses and supporting progress toward breakeven.

Download the Full Report: Click Here