Swiggy eyes Rs 10000 crore EBITDA by FY31

Food delivery and quick commerce platform Swiggy on Thursday, August 6, said it is targeting an adjusted EBITDA of around Rs 10,000 crore by FY31, driven by growth across its food delivery and quick commerce businesses.

The company’s consolidated adjusted EBITDA improved by Rs 162 crore year-on-year in the April-June quarter of the current financial year, narrowing its loss to Rs 651 crore.

Speaking at Capital Markets Day 2026, the company said it expects its consolidated Gross Order Value (GOV) to more than triple to around Rs 2.5 lakh crore by FY31, up from Rs 67,734 crore in FY26 a compounded annual growth rate (CAGR) of over 30 per cent.

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