Swiggy has reached a remarkable INR 34,000 crore in annualized Gross Order Value (GOV) for the second quarter of FY26, marking a significant milestone for the company. This achievement underscores Swiggy's commitment to delivering unparalleled convenience to urban consumers through a robust platform that integrates food delivery, grocery services, and various hyperlocal offerings. The company has strategically focused on expanding its leadership team and leveraging its board's expertise to drive responsible growth and innovation in the competitive food and grocery delivery market.

The food delivery segment continues to be the profit engine for Swiggy, contributing significantly to growth, margin expansion, and sustainable cash generation. The Instamart service, which has seen triple-digit growth, is positioning Swiggy as India's "everything store," further enhancing customer engagement through quick delivery options. Swiggy's integrated platform not only supports seamless interactions between users and service providers but also creates network effects that elevate the overall consumer experience. The company is also capitalizing on integrated out-of-home offerings to unlock additional profitable revenue streams.

Swiggy's financials reflect a sound strategy with disciplined capital allocation and a clear path toward profitability. The company aims to grow its user base by tapping into new use cases and affordability-driven penetration into the consumer wallet, targeting around 230-250 million online commerce users in India. As of Q2FY26, Swiggy's average monthly transacted users stood at approximately 23 million, demonstrating its significant footprint in the digital commerce landscape. With its innovation-first culture and continuous evolution of its services, Swiggy is well-positioned to solidify its leadership in the hyperlocal commerce category in India.