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Swiggy targets Rs 10,000 crore in annual adjusted Ebitda in five years

Swiggy aims for ten thousand crore rupees adjusted Ebitda by fiscal year thirty-one. Its food delivery business will contribute five thousand crore rupees to this goal. The quick commerce unit, Instamart, is expected to generate four thousand crore rupees. Swiggy also targets one lakh crore rupees in net order value across its operations. The company is working to make its quick commerce unit…

Swiggy targets Rs 10,000 crore in annual adjusted Ebitda in five years

Swiggy aims to achieve Rs 10,000 crore in annual adjusted Ebitda by 2031, as outlined in a recent presentation at the company's capital markets day. In FY26, the company reported a loss of Rs 2,483 crore at its quick commerce unit, Instamart, while its food delivery business generated an operating profit of Rs 1,001 crore. To reach the Rs 10,000 crore target, Swiggy expects the food delivery business to contribute Rs 5,000 crore in operating profit, and Instamart to generate Rs 4,000 crore.

The out-of-home consumption business is projected to contribute the remaining Rs 1,000 crore. Swiggy's CEO, Sriharsha Majety, attributes the confidence in achieving this goal to the company's focus on solving consumer problems and disciplined execution. The company is currently operating in three growing consumer spaces: food delivery, quick commerce, and out-of-home consumption.

Instamart, in particular, is a key focus area, with Swiggy aiming to reach Rs 1 lakh crore in net order value across its businesses in the medium term.

Written by urgent.news from Economic Times Tech's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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