Indian delivery platform Swiggy posts narrower sequential quarterly loss

Eternal

29/01/2026 10:16

Corrects dateline

Jan 29 (Reuters) - India's Swiggy SWIG.NS reported a narrower third‑quarter loss sequentially, as strong demand in its quick‑commerce arm Instamart partly offset the drag from continued high investments.

The company reported a consolidated loss of 10.65 billion Indian rupees ($115.8 million) for the quarter ended December 31, compared to 10.92 billion rupees in the second quarter.

Losses, however, remained higher than the 7.99 billion rupees recorded a year earlier.

($1 = 91.9590 Indian rupees)

 (Reporting by Kashish Tandon in Bengaluru)

 ((Kashish.Tandon@thomsonreuters.com; 8800437922;))