IPO-bound Swiggy delivers ₹5,476-cr revenue in Apr-Dec
Financial Express Mumbai|March 28, 2024
Gross order value at ₹24,230 cr in first nine months of FY24

FOOD Swiggy has generated ₹5,476 crore as revenue from its operations in the first nine months of FY24, marking a 25-30% year-on-year growth in the ongoing fiscal, according to a report by Entrackr on Wednesday.

Of this, the food delivery business constituted 82.65% of the total operating revenue, amounting to ₹4,526 crore, and the remaining sales came from its quick commerce arm Instamart, the report said, citing a document drafted by an investment banker on behalf of Swiggy.

During the first nine months of FY24, Swiggy's gross order value stood at ₹24,230 crore, with food delivery comprising a substantial 76.2% of it.

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