Swiggy aims Rs 10k-cr Ebitda in next 5 yrs

Food delivery and quick commerce platform Swiggy on Thursday set out a five-year financial target of 10,000 crore in adjusted Ebitda by FY31, laying out a plan that requires its loss-making quick commerce arm Instamart to swing from a3,512 crore loss to a Rs 4,000 crore profit over the period.

At its Capital Markets Day in Mumbai on Thursday, the company said consolidated gross order value would more than triple to about 2.5 lakh crore by FY31 from67,734 crore in FY26, implying a compound annual growth rate of over 30%, with adjusted Ebitda margin expanding to roughly 4% of Gross Order Value (GOV).