Swiggy targets ₹10,000 crore adjusted EBITDA by FY31
Swiggy has set a FY31 target of ₹2.5 lakh crore in consolidated GOV and ₹10,000 crore in adjusted EBITDA, with Instamart targeting more than ₹1.5 lakh crore in GOV and 40 million-plus monthly users.
Swiggy targets about Rs 10,000 crore adjusted EBITDA and Rs 2.5 lakh crore consolidated GOV by FY31, driven by food delivery, Instamart and Dineout. Instamart aims for over Rs 1.5 lakh crore GOV while expanding profitable dark-store operations.
Why this matters
The target extends recent Swiggy signals outlining ₹2.5 lakh crore FY31 GOV, ₹10,000 crore adjusted EBITDA, and the scale-up of Instamart and Toing.
Retail-company signals are accelerating, up 150900% QoQ.