Swiggy targets ₹10,000 crore adjusted EBITDA and ₹2.5 lakh crore GOV by FY31
Swiggy has outlined FY31 targets of about ₹10,000 crore in adjusted EBITDA and ₹2.5 lakh crore in consolidated GOV. Instamart is targeting over ₹1.5 lakh crore in GOV, supported by a network of 1,200-plus dark stores across 130-plus cities.
Swiggy targets around Rs 10,000 crore adjusted EBITDA and Rs 2.5 lakh crore GOV by FY31. Instamart aims for over Rs 1.5 lakh crore GOV, supported by 40 million-plus users, while food delivery and Dineout target Rs 5,000 crore and Rs 1,000 crore EBITDA respectively.
Why this matters
The FY31 outlook extends Swiggy's recent signals on reaching ₹10,000 crore in adjusted EBITDA and ₹2.5 lakh crore in GOV, with Instamart scale and Toing expansion identified as key drivers.
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