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

Food and grocery delivery platform Swiggy wants to generate Rs 10,000 crore in annual adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) by fiscal year 2031, according to a presentation made at the company’s capital markets day on Thursday.

Adjusted Ebitda is a measure of a company’s core operating profit excluding one-time items, non-cash expenses and certain accounting adjustments.

In fiscal year 2026, the company reported an adjusted Ebitda loss of Rs 2,483 crore, largely due to losses at its quick commerce unit, Instamart. Swiggy’s food delivery business, however, remained profitable, reporting an operating profit of Rs 1,001 crore during the year.