Swiggy targets ₹10,000 crore adjusted EBITDA and ₹2.5 lakh crore GOV by FY31

At its Capital Markets Day, Swiggy set FY31 targets led by food delivery, Instamart and Dineout. Instamart alone is projected to exceed ₹1.5 lakh crore in GOV, while the group aims for more than 40 million monthly transacting users.

— Filed Thu, 6 Aug, 2026, 17:47 IST · Source NDTV Profit · Updated

Swiggy outlined an FY31 plan targeting Rs 10,000 crore adjusted EBITDA and Rs 2.5 lakh crore GOV, led by food delivery, Instamart and Dineout. Management plans to improve quick-commerce economics through private labels, differentiated offerings and AI-led operations.

Why this matters

The targets extend Swiggy’s recent FY31 EBITDA guidance. Prior signals also highlighted the ₹10,000 crore adjusted EBITDA goal alongside Instamart and Toing scaling plans.

Retail-company signals are accelerating, up 100820% QoQ.