ADVERTISEMENT
Swiggy's Revenue From Food Delivery, Instamart Touches Rs 7,800 Crore In FY24
The financials comprise only of the revenue generated from its core food delivery business and quick-commerce arm, and not its Genie or Dineout businesses.
31 May 2024, 05:25 PM IST 
Shareholders of food delivery giant Swiggy have passed a resolution internally for an initial public offering, making known a broad structure for what could possibly be a Rs 10,000 crore-plus IPO. (Source: Swiggy)
IPO-bound Swiggy Ltd.'s revenue from its top two businesses—food delivery and quick-commerce unit, Instamart—increased 35% in FY24, alongside a meaningful reduction in operating loss.The Bengaluru-based company's revenue from the two business segments has gone up from Rs 5,800 crore in FY23 to Rs 7,800 crore in FY24, according to people familiar with the matter, who spoke on condition of anonymity. Operating losses from the two segme...
I’m already a Subscriber Sign In
To continue reading this storySubscribe to Unlock & Enjoy your
Subscriber-Only benefits
Subscriber-Only benefits
Choose a plan
Renews automatically. Cancel anytime.
As a Subscriber you get
Access to
Stories
Curated
Newsletters
20,000+
Research Reports
Priority Pass
to Special Events
Ad-Lite
Experience
Subscriber-Only
Rewards
NDTV Profit
Exclusive Stories
Full Access to
NDTV Profit App
Access to
Stories20,000+
Research Reports
Ad-Lite
Experience
NDTV Profit
Exclusive Stories
Curated
Newsletters
Priority Pass
to Special Events
Subscriber-Only
Rewards
Full Access to
NDTV Profit App
Still Not convinced ? Know More
