Swiggy Limited (SWIGGY) — Board Meeting Announcement

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📢 Key Event
Board approved audited financial results and strategic spin-off of Instamart.

🔄 What Changed
Net loss of ₹3,419 crore reported with revenue of ₹20,578 crore; spin-off of Instamart and new subsidiary incorporated.

💡 Investor Takeaway
The company posted a substantial net loss but completed strategic moves like Instamart spin-off amid ongoing financial challenges.

Swiggy Limited announced the outcome of its May 8, 2026 board meeting, approving audited consolidated financial results for the quarter and year ended March 31, 2026, which revealed a net loss of ₹3,419 crore on revenue of ₹20,578 crore, with diluted EPS at ₹(3.44). The filing also detailed strategic moves including the spin-off of Instamart and incorporation of a new subsidiary, alongside an unmodified auditor's opinion confirming compliance. The results reflect significant losses driven by high expenses and investments, though specific forward guidance was not provided.

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About Swiggy Limited (SWIGGY)

Consumer Services · Retailing · Listed on NSE

Market Cap: ₹70,498.41 Cr

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

Swiggy Limited (SWIGGY) — Board Meeting Announcement

About Swiggy Limited (SWIGGY)

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