Swiggy Limited — Q2FY27 earnings call summary

Filed 29 October 2026 · Official transcript

Quick commerce grew 13.4% QoQ with improved retention and frequency; contribution margin expected to improve gradually
Swiggy maintains 18-20% YoY growth guidance for core food delivery business
Store additions driven by capacity maxing out at ~2,000-2,500 orders/day; 5-7% stores max out capacity quarterly
Competitive intensity remains high; focus on differentiated assortment and habit building to drive profitability
Toing aims to expand overall marketplace growth to 25-30%, with investments range bound