Business1 hOctober 23, 2026, 13:22

Swiggy shares plunge 17% to 52-week low after Q2 results

Swiggy shares fell as much as 17.23% to a 52-week low of ₹174.90 on the BSE after its Q2 FY27 results. Consolidated net loss widened 17% QoQ to ₹922 Cr, Instamart's adjusted EBITDA loss rose to ₹895 Cr, and several brokerages cut their price targets.

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Swiggy shares plunge 17% to 52-week low after Q2 results

Shares hit ₹174.90, market cap around $5.2 Bn
Net loss of ₹922 Cr: down 16% YoY but up 17% QoQ
Operating revenue rose 36% YoY to ₹7,571 Cr
Instamart adjusted EBITDA loss reached ₹895 Cr vs ₹778 Cr in Q1

#Swiggy#Instamart

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Swiggy shares plunge 17% to 52-week low after Q2 results

Swiggy to move Instamart to inventory model by mid-Q3 FY27

Sony denies PS5 warranty after purchase via Swiggy Instamart

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