Swiggy targets Rs 10,000 crore adjusted EBITDA by FY31

Swiggy has set an FY31 goal of nearly Rs 2.5 lakh crore in consolidated GOV, up from Rs 67,734 crore in FY26, alongside Rs 10,000 crore in adjusted EBITDA. The plan is anchored in food delivery, quick commerce and out-of-home consumption.

— Filed Thu, 6 Aug, 2026, 12:15 IST · Source Business Today · Latest · Updated

Swiggy outlined an FY31 plan targeting Rs 10,000 crore adjusted EBITDA and nearly Rs 2.5 lakh crore consolidated GOV, driven by food delivery, quick commerce and out-of-home consumption. Its shares rose 6% following the announcement.

Why this matters

The target extends Swiggy's recent FY31 earnings guidance, including signals on Rs 10,000 crore adjusted EBITDA and core earnings as Instamart scales.

Retail-company signals are accelerating, up 166033% QoQ.