Interim report
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SWIGGY LIMITED CIN: L74110KA2013PLC096530 | www.swiggy.com | support@swiggy.in | T: 080-68422422 Registered & Corporate Office: Sumadhura Capitol Towers, 3rd- 6th Floor – Tower 1, Sy. No. 14 & 158, Pattanduru Agrahara, K R Puram Hobli, Bengaluru East Taluk, Bengaluru, Karnataka – 560066 REF: SWIGGY/SE/2026-27/55 October 22, 2026 To, The Deputy Manager Department of Corporate Services BSE Limited PJ Towers, Dalal Street Mumbai -400001 Scrip Code: 544285 The Manager National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G Block Bandra - Kurla Complex, Bandra (E), Mumbai 400051 Symbol: SWIGGY Dear Sir/ Madam, Sub: Outcome of Board Meeting – Financial Results We wish to inform that, upon recommendation of Audit Committee, the Board of Directors of the Company at its meeting held today , i.e., Thursday, October 22, 2026, has approved the unaudited financial results (consolidated and standalone) for the quarter and half year ended September 30, 2026. The Limited Review Report issued by the Statutory Auditors of the Company on the above- mentioned results is also attached herewith. The meeting commenced at IST 3:00 p.m. and concluded at IST 3:40 p.m. We request you to take the above on record. The aforesaid information is also being placed on the website of the Company at https://www.swiggy.com/corporate/ Thanking you, Yours faithfully, For Swiggy Limited ___________________ Cauveri Sriram Company Secretary & Compliance Officer
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Walker Chandiok &.Co LLP Walker Chandiok & Co LLP 5th Floor, No.65/2, Block "A", Bagmane Tridib, Bagmane Tech Park, CV Raman Nagar, Bengaluru - 560093 Karnataka, India T +91 804 243 0701 F +91 804 126 1228 Independent Auditor's Review Report on the Consolidated Unaudited Quarterly Financial Results and Year to Date Financial Results of the Company pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) To the Board of Directors of Swiggy Limited We have reviewed the accompanying statement of the consolidated unaudited financial results ('the Statement') of Swiggy Limited ('the Holding Company') and its subsidiaries (the Holding Company which includes the Swiggy Employee Stock Option Trust ('the Trust') and its subsidiaries together referred to as 'the Group') and its associate (refer Annexure 1 for the list of subsidiaries and associate included in the Statement) for the quarter ended 30 September 2026 and the consolidated year to date results for the period 01 April 2026 to 30 September 2026, being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) ('Listing Regulations'). 2. This Statement, which is the responsibility of the Holding Company's management and approved by the Holding Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting ('Ind AS 34'), prescribed under Section 133 of the Companies Act, 2013 ('the Act'), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with the Standards on Auditing specified under Section 143( 10) of the Act, and consequently, does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. VVe also pertormed procedures in accordance with the circular issued by the 81=1:ll under Regulation 33 (8) ot the L1st1ng Regulations, to the extent applicable. 4. Based on our review conducted and procedures performed as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS 34, prescribed under Section 133 of the Act, and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. Offices in Ahmadabad, Bengaluru, Bhubaneswar, Chandigarh, Chennai, Dehradun, Goa, Gurugram, Guwahati, Hyderabad, Indore, Kochi, Kolkata, Mumbai, New Delhi, Noida and Pune Walker Chandiok & Co LLP is registered with limited liability with identification number AAC-2085 and its registered office at L-41 Connaught Circus, Outer Circle, New Delhi, 110001, India
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Walker Chandiok &_Co LLP Swiggy Limited Independent Auditor's Review Report on the Consolidated Unaudited Quarterly Financial Results and Year to Date Financial Results of the Company pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (Cont'd) 5. The Statement includes the Group's share of net loss after tax of ~ 2 crores and ~ 3 crores, and total comprehensive loss of ~ 2 crores and ~ 3 crores for the quarter ended 30 September 2026 and for the period from 01 April 2026 to 30 September 2026 respectively, in respect of one associate, based on its interim financial information, which has not been reviewed by its auditor, and has been furnished to us by the Holding Company's management. Our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of this associate is based solely on such unreviewed interim financial information. According to the information and explanations given to us by the management, this interim financial information is not material to the Group. Our conclusion is not modified in respect of this matter with respect to our reliance on the financial information certified by the management of the Holding Company Chennai 22 October 2026 Chartered Accountants
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Walker Chandiok &_Co LLP Swiggy Limited Annexure 1 referred to in paragraph 1 of the Independent Auditor's Review Report on the Consolidated Unaudited Quarterly Financial Results and Year to Date Financial Results of the Company pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) List of subsidiaries and associate included in the Statement: Sr. No. Name of the Company Country of Incorporation Relationship 1 Swiggy Employee Stock Option Trust India Trust 2 Swiggy Networks Limited India Subsidiary (formerly known as Swiggy Networks Private Limited, Scootsy Logistics Private Limited) 3 Swiggy Retail Limited India Subsidiary (formerly known as Supr lnfotech Solutions Limited, Supr lnfotech Solutions Private Limited) 4 Lynks Logistics Limited (till 15 September 2026) India Subsidiary 5 Swiggy Neocap Private Limited India Subsidiary (formerly known as Swiggy Sports Private Limited) 6 Swiggy lnstamart Private Limited India Subsidiary 7 Swiggy Commerce Private Limited India Subsidiary 8 Loyal Hospitality Private Limited India Associate Chartered Accountants
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Swiggy li mited 0 Swiggy CIN: L74110KA2013PLC096530 Registered Off ice: Survey No.14, No. 158, 3rd- 6th Floor, Tower 1, Sumadhura Capitol Towers, Pattanduru Agrahara Village, K.R.Puram Hobli, Bangalore East Taluk, Bengaluru - 560066, Karnataka, India Tel: 080-68422422 / Email ID: ir@swiggy.in / Web site: www.swiggy.com Statement of consolidated financial results for the quarter and half-year ended September 30, 2026 (~ Crare) Quarter ended Half-year ended Year ended SI. No , Particulars Sep 30, 2026 Jun 30, 2026 Sep 30, 2025 Sep 30, 2026 Sep 30, 2025 Mar 31, 2026 Unaudited Unaudited Unaudited Unaudited Unaudited Audited I Income Revenue from operations 7,571 6,812 5,561 14,383 10,522 23,053 Other income 212 211 59 423 146 508 Total income 7,783 7,023 5,620 14,806 10,668 23,561 II Expenses Cost of materials consumed 13 26 45 Purchases of stock-in-trade 3,607 2,978 2,330 6,585 4,388 10,044 Changes in inventories of stock-in-trade (164) (3) (1) (167) (8) (22) Employee benefits expense 676 662 690 1,338 1,376 2,716 Finance costs 54 53 48 107 89 200 Depreciation and amortisation expense 308 298 304 606 592 1,217 Other expenses Advertising and sales promotion 1,298 1,160 1,039 2,458 2,075 4,207 Delivery and related charges 1,895 1,750 1,426 3,645 2,739 5,849 Others 1,029 915 862 1,944 1,678 3,445 Total expenses 8,703 7,813 6,711 16,516 12,955 27,701 Ill Loss before share of loss of an associate, exceptional items and tax (1-11) (920) {790) (1,091) (1,710) (2,287) (4,140) IV Share of loss of an associate (2) (1) (1) (3) (2) (4) V Loss before exceptional items and tax (lll+IV) (922) {791) (1,092) (1,713) (2,289) (4,144) VI Exceptional items (Refer note 3) (10) VII Loss before tax (V+VI) {922) (791) (1,092) (1,713) (2,289) (4,154) VIII Tax expense (i) Current tax (ii) Deferred tax Total tax expense (i+ii) - IX Loss for the period/ year (VII - VIII) (922) {791) (1,092) (1,713) (2,289) (4,154) X Other comprehensive income/ (loss), net of tax Items that will not be reclassified subsequently to prof it or loss: - Changes in fair value of equity instruments carried at fair value through other 1,350 1,350 1,350 comprehensive income ('FVTOCI') (Refer note 9) - Re-measurement gain/ (loss) on defined benefit plans 2 (1) (1) 1 (3) (4) Other comprehensive income/ (loss) for the period/ year 2 (1) 1,349 1 1,347 1,346 XI Total comprehensive income/ (loss) for the period/ year, net of tax (IX+X) {920) (792) 257 (1,712) (942) (2,808) XII Loss for the period/ year attributable to: Owners of the Company (922) (791) (1,092) (1,713) (2,289) (4,154) XIII Other comprehensive income/ (loss) for the period/ year attributable to: Owners of the Company 2 (1) 1,349 1 1,347 1,346 XIV Total comprehensive income/ (loss) for the period/ year attributable to: Owners of the Company (920) (792) 257 (1,712) (942) (2,808) xv Paid-up share capital (face value of 0: 1 per share) 262 262 232 262 232 261 XVI Other equity 18,053 XVII Earnings/ (loss) per equity share (face value of,,: 1 each)(>:)* (i) Basic (34 5) (2.96) (4.59) (6.41) (9.63) (16.87) (ii) Diluted (3.45) (2.96) (4.59) (6.41) (9.63) (16.87) ~~ 'e,'(\l~ V/( <\)~ f~, * EPS i b "" "" ' ~ ~ ~ ' and ,,,1,e,, ended September SO, ' " ' and September SO,,O,s and '"' ""' ended '""" SO, ,o,e ~ ,;. I ~ G . U, L' " I ;j ~g (...., ~ % ~· ~-/"'Y * ,r,, IS~' Ji'QJAC. ?Y' . - -
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Swiggy Limited Statement of consolidated balance sheet Q s*issy (1 Crore) 5l.No. Particulars As at Sep 3Q 2026 As at Mar3L,2025 Unaudited Audited Non-current assets Property, plant and equipment Right-of-use assets Goodwill Other intangible assets lnvestment in an associate Financial assets lnvestments Other financial assets lncome tax assets Other assets Total non-current assets Current assets lnventories Financial assets lnvestments Trade receivables Cash and cash equivalents Bank balances other than cash and cash equivalents Other financial assets Other assets Total current assets assets EQUITY AND LIABITITIES Equity share capital Other equity equity il Non-current liabilities Financial liabilities Lease liabilities Other financial liabilities Contract liabilities Provisions Total non-current liabilities Current liabilities Financial liabilities Bor r uwlnB,s Lease liabilities Trade payables Total outstanding dues of micro enterprises and small enterprises; and Total outstanding dues of creditors other than micro enterprises and small enterprises Other financial liabilities Contract liabilitles Other liabilities Provisions Total current liabilities liabilities and liabilities 1,319 7,364 315 L76 51 3,080 274 74 2r2 1,304 2,344 595 274 s4 2,7tr 1,315 151 111 7,805 228 2,943 5,r24 2,736 435 5,476 590 8,910 76 3,269 4,048 2,747 L,296 4,394 497 17.633 L5,327 25,84 25,237 262 16.708 26r 18,053 L6,970 7,952 27 L7 66 t8,3t4 t,947 25 t2 58 2,056 562 242 3,315 r,807 36 328 r21 2,046 100 510 !78 2,100 1,538 28 304 119 6,412 4,877 8,468 6,923 25,434 25,237
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Swigty Limited Statement of consolidated cash flows Cl t*ttt ended ?o,2026 2025Particulars unaudited Unaudited 506 157], (8) 3 t3) (s) 367 0 11 0 5 99 (34s) 3 12,28el 592 (12) (8) 2 (3) 2 85 518 0 35 (1,041) I,282 302 24 7 (12) (4671 722 (201) 67 80 95 9 10 91 (1,4e51 (12,37s) 13,001 (3s6) 2 984 173 19,8221' 9,79L (s08) L 2,O45 t25 lL,s22l 1,389 1 (257\ (ee) 185 (285) t,632 3 (185) (8s) 155 (s6) lLTLl 2,747 (61) 1,23r I ilt tv V flow from operating activities before tax Adiustments to reconcile the loss before tax to net cash flows: Depreciation and amortisation expense lncome on investments carried atfair value through profit or loss lnterest income on security deposits carried at amortised cost lnterest expense on liabilities measured at amortised cost Gain on termination of leases Reversal of lmpairment loss recognised in money market instruments Share based payment expense Profit on disposal of property, plant and equipment (net) lmpairment allowances for doubtful debts and receivables lmpairment allowances for doubtful advances lnterest on borrowings lnterest on lease liabilities lnterest income Share of loss of an associate Provision/liability no longer required written back lnterest income on income tax refund Operating loss before working capital adjustments Movements in working capital : (lncrease)/decrease in inventories (lncrease)/ decrease in trade receivables (lncrease)/ decrease in other financial assets (lncrease)/ decrease in other assets lncrease/ (decrease) in trade payables lncrease/ (decrease) in other financial liabilities lncrease/ (decrease) in other liabilities lncrease/ (decrease) in contract liabilities lncrease/ (decrease) in provisions Cash used in operating activities lncome tax refund/ (paid) (net of TDS) Net cash used in operating activities flow from investing activities Purchase of investments Proceeds from sale/maturity of investments Purchase of property, plant and equipment and other intangible assets Proceeds from disposal of property, plant and equipment and other intangible assets Redemption of/ (investment in) bank deposits, net lnterest received Net cash generated from investing activities Cash flow from financint activities Proceeds from exercise of employee stock options Payment of principal portion of lease liabilities Payment of interest portion of lease liabilities Proceeds from current borrowings Repayment of current borrowings lnterest paid cash used in financing activities Net decrease in cash and cash equivalents {l+ll+llll Cash and Cash equivalents transferred as part of Business divestment Cash and cash equivalents at the beginning of the period Cash and cash at the end of the 170 twF (.f\ l./ E7 *
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Q s*iesySwi8gy Limited Notes to the consolidated financial results Quarter ended Half-year ended Year ended sep 30, 2025 Jun 30, 2025 Sep 30, 2025 SeD 30, 2026 5ep 30, 2025 Mar 31, 2025Particulars Unaudited Unaudited Unaudited Unaudited Unaudited Audited Statutorv imoact of new Labour Code(') 10 Total 10 Quarter ended Half-year ended Year ended Sep 30, 2025 Jun 30, 2026 Sep 30, 2025 Sep 30, 2025 Sep 30, 2025 Mar 31, 2026Particulars Unaudited Una udited Unaudited Unaudited Unaudited Audited 2,338 131 1,306 3,690 106 2,204 126 1,232 3,195 51 r,923 88 980 2,560 T2 4,546 257 2,538 6,885 t57 3,723 165 7,786 4,819 7,839 375 3,859 10,935 52 7,S7t 6,AL2 (2) 5,563 14383 (3) 10,525 (71 23,060 2,338 131 1,305 3,690 106 2,208 126 t,232 3,195 51 (7) t,92t 88 980 2,560 12 4,546 257 2,53a 6,885 157 (1) 3,720 165 7,7a5 4,819 (71 7,832 375 3,859 10,935 s2 7.57t 6.A12 5.561 14,383 LO.S22 23.053 349 8 -764) (71 { 162) 299 14 (6s1) {8) (131) 257 6 (73s) (18) (4s) 648 22 (1,41s) (1s ) t293) 453 11 { 1,s36) (6s) (s7l I,O4L 29 {3,063) (771 (19s) (2\ (s75) 212 (1e4) (s4) {308) (1 (477], ztr (173) (s3) (2e8) (1) {s4sl 59 {2s3) (48) (304) (3) (1,0s3) 423 (367) (107) (606) (2\ (t,2341 ].46 (s18) (8e) (se2) 12,2651 508 (e56) (2oo) (r,2771 (10) {4) a. Revenue from operations (total segment revenuel Food Delivery Out of home consumption Quick-commerce Supply chain and distribution Platform lnnovations b. Less: revenue from operations {inter-segment) Food Delivery Add: Other income Less: Share based payment expense Less: Finance costs Less: Depreciation and amortisation expense Less: Exceptional items Less: Share of loss of an associate Losgbd@lats.. -::,._. , ../ ; ! \'! .'- ;,,, ", -l-:1;l-r\ c. Revenue from operations {a-b) Food Delivery Out of home consumption Quick-commerce Supply chain and distribution Platform lnnovations Segment results Food Delivery Out of home consumption Quick-commerce SupplV chain and distribution Platform lnnovations (7911 {1.0921 t1.7131 Q.2891 {4.154} 1 The above consolidated results were reviewed and recommended by the Audit Committee and approved by the Board of Directors at their meeting held on October 22, The Statutory Auditors have conducted a limited review ofthese unaudited consolidated financial results and issued an unmodified review reportthereon. 2 These consolidated financial results have been prepared in accordance with lndian Accounting Standards ('lnd AS') prescribed under Section 133 of the Companies Act, along with the relevant rules issued thereunder and other accounting principles generally accepted in lndia and in terms of Regulation 33 of the SEBl (Listing Obligations Disclosure Requirements) Regulations, 2015, as amended ('Listing Regulations"). 3 Exceptional items includes: (i) Pertains to the one-time impact arising from the implementation of the New Labour Codes, effective Novemb er 2L, 2025. Based on actuarial valuation, the Company had impact. 4 Segment information Maker ("CODM"), in deciding how to allocate resources and in assessing performance. The Group's chief operating decision maker is the Managing Director and Chief Executive Officer. The operating segments comprises of: website. (ii) Out-of-home consumption : offers restaurant dining solutions (that we provide through DineOut) and access to curated outdoor events through Scenes. (iii) Quick commerce : offer on-demand grocery and a growing array of household items to users through lnstamart. (iv) Supply chain and distribution: offer comprehensive supply chain services to wholesalers, retailers, and fast-moving consumer goods {"FMCG") brands, leveraging ou warehousing capabilities. We streamline the value-chain and ensure reliable, fast, and cost-effective order fulfilment for wholesalers, retailers and FMCG companies. (v) Platform lnnovations : consists of set of incubators for new service offerings to create more frequent and meaningful touchpoints for our users, this segment business verticals such as Swiggy-Minis, Swiggy Sports, Snacc, Toing, Crew, Jus+ etc. Summary of segment inlormotion as below: ,^ry i1 iir *' *
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* L ,I U * 5 DuringthequarterendedSeptember30,2025,theSwiggyEmployeeStockOptionTrust("Trust")hastransferred23,49,653equitysharesof{leachpursuanttotheexercise stock options by employees under various Employee Stock Option Schemes. 5 On September 7,2026, SwiegJ Networks Limited ("SNL"), a wholly owned subsidiary of Swiggy Limited, entered into an aBreement to transfer its B2B authorised distribution business, which is part ofthe supply chain and distribution segment, to its wholly owned subsidiary, Lynks Logistics Limited ("Lynks"), by way of a Business Transfer effective September t5, 2026, and to sell its entire shareholding in Lynks to Trustroot lnternet Private Limited ("TlPt") for a consideration of I 500 crore through Aquisition Agreement, settled by the issue of 1,66,534 Series R compulsorily convertible preference shares of TIPL. Consequently, Lynks ceased to be a subsidiary of SNL and a step-down subsidiary of Swiggy Limited, and has been deconsolidated with effect from September L5,2026. 7 During the year ended March 37,2026, the Com pany incorporated Swiggy lnstamart Private Limited as a wholly owned subsidiary of Swiggy Networks Limited (formerly known as Swiggy Networks Private Limited and Scootsy Logistics Private Limited), a step-down subsidiary of the Company, to facilitate the transfer of the Company's lnstamart by way of a slump sale on a going-concern basis. The transfer became effective on Ap(l f,2025. 8 During the quarter ended Septembe( 30,2025, Swiggy Limited incorporated a wholly owned subsidiary, Swiggy Commerce Private Limited, which has not yet comm business operations. 9 During the year ended March 31, 2026, the Company completed the sale of its entire investment in Roppen Transportation Services Private Limited (Rapido) for a of { 2,399 crore, pursuant to requisite Board and shareholder approvals. A gain of < 1,350 crore was recognised in Other Comprehensive lncome. 10 During the year ended March 31, 2025, the Company allotted 25,55,55,553 equity shares of face value { 1 each to eligible Qualified lnstitutional Buyers (QlB} at an issue price { 375 per equity share (including premium of I 374 per equity share) aggregating to I 10,000 crore pursuant to Qualified lnstitutions Placement (QlP) in accordance with provisions of Securities and Exchange Board of lndia (lssue of Capital and Disclosure Requirements) Regulations (the "5EBl ICDR Regulations"). 11 During the year ended March 31, 2025, the Group received { 31 crore under its Employee Dishonesty lnsurance Policy (Crime policy), against a claim of I 33 crore, in respect an embezzlement incident reported during the financial year ended March 31, 2O24- The amount received has been recognised as Other lncome in the Statement Consolidated Financial Results. 12 Changes in Board and Senior Management During the quarter ended June 30, 2025, Mr. Lakshmi Nandan Reddy Obul (DlN: 05585145), Whole-Time Director - Head of lnnovation, and Mr. Roger Clark Rabalais 07304038), Nominee Director, resigned with effect from April 10, 2026. Mr. Renan De Castro Alves Pinto (DlN: 03118947) was appointed as Non-Executive, N Nominee Director with effect from April 11,2026. During the quarter ended September 30,2026, Mr. Amitesh Kumar lha resigned as the CEO - lnstamart and ceased to be a Senior Management Personnel ("SMP") of Company with effect from iuly 28, 2025. Ms. Nandita Sinha was appointed as the CEO - lnstamart and categorised as SMP with effect from August 3, 2026. 13 Amounts which are less than half a crore are appearing as "0". 14 The consolidated financial results for the quarter and half-year ended September 30, 2026 arc also being made available on the Stock Exchange websites www.bseindia.com and www.nseindia.com and on the Company's website: www.swiggy.com. for ond on beholl of the Boord of Diectors Swiggy Limited $ Bengaluru Sriharsha Maiety Managing Director & Group Chief Executive Officer DIN:05580073Date: October 2026 kr
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Walker Chandiok &.Co LLP Walker Chandiok & Co LLP 5th Floor, No.65/2, Block "A", Bagmane Tridib, Bagmane Tech Park, C V Raman Nagar, Bengaluru - 560093 Karnataka, India T +91 804 243 0701 F +918 04 126 1228 Independent Auditor's Review Report on the Standalone Unaudited Quarterly Financial Results and Year to Date Financial Results of the Company pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) To the Board of Directors of Swiggy Limited 1. We have reviewed the accompanying statement of the standalone unaudited financial results ('the Statement') of Swiggy Limited ('the Company') which includes the Swiggy Employee Stock Option Trust ('the Trust') for the quarter ended 30 September 2026 and the year to date results for the period 01 April 2026 to 30 September 2026, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) ('Listing Regulations'). 2. The Statement, which is the responsibility of the Company's management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting ('Ind AS 34'), prescribed under Section 133 of the Companies Act, 2013 ('the Act'), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with the Standards on Auditing specified under Section 143(10) of the Act, and consequently, does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. Chartered Accountants Offices in Ahmedabad, Bengaluru, Bhubaneswar, Chandigarh, Chennai, Oehradun, Goa, Gurugram, Guwahati, Hyderabad, Indore, Kochi, Kolkata, Mumbai, New Delhi, Naida and Puna Walker Chandiok & Co LLP is registered with limited liability with identification number AAC-2085 and its registered office at L-41 Connaught Circus, Outer Circle, New Delhi, 110001, India
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Walker Chandiok &..Co LLP Swiggy Limited Independent Auditor's Review Report on the Standalone Unaudited Quarterly Financial Results and Year to Date Financial Results of the Company pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (Cont'd) 4. Based on our review conducted as above nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS 34, prescribed under Section 133 of the Act, and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. For Walk ~ Chandiok & Co LLP Charter d 4',ccountants F gis'tration No: 001 Chennai 22 October 2026 Chartered Accountants
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Swiggy Limited CIN: L7411DKA2013PLC096530 Registered off ice: Survey No.14, No. 158, 3rd - 6th Floor, Tower 1, Sumadhura Capitol Towers, Pattanduru Agrahara Village, K.R.Puram Hobli, Bangalore East Taluk, Bengaluru - 560066, Karnataka, India D Swiggy Tel: 080-68422422 / Email ID: ir@swiggy.in / Web site: www.swiggy.com Statement of standalone financial results for the quarter and half-year ended September 30, 2026 ('{ Crore) SI.No. Particulars Quarter ended Half-year ended Year ended Sep 30, 2026 Jun 30, 2026 Sep 30, 2025 Sep 30, 2026 Sep 30, 2025 Mar 31, 2026 Unaudited Unaudited Unaudited Unaudited Unaudited Audited Ill IV V VI VII IX X XI XII Continuing operations Income Revenue from operations Other income Total income Expenses Cost of materials consumed Employee benefits expense Finance costs Depreciation and amortisation expense Other expenses Advertising and sales promotion Delivery and related charges Others Total expenses Profit before exceptional items and tax (1-11) Exceptional items (Refer note 3) Profit from continuing operations before tax (lll+IV) Tax expense (i) Current tax (ii) Deferred tax Total tax expense from continuing operations (i+ii) Profit for the period/ year from continuing operations (V - VI) VIII Loss from discontinued operations before tax (Refer note 7) Tax expense of discontinued operations Loss for the period/ year from discontinued operations (VIII - IX) Profit/ (loss) for the period/year (VII + X) Other comprehensive income/ (loss), net of tax Items that will not be reclassif ied subsequently to profit or loss: - Changes in fair value of equity instruments carried at fair value through other comprehensive income ("FVTOCI") (Refer note 10) - Re-measurement gain/(loss) on defined benefit plans 2,646 335 2,462 367 2,022 99 5,108 702 3,912 220 8,258 629 2,981 2,829 2,121 5,810 4,132 8,887 428 5 113 710 1,205 233 410 5 92 593 1,146 233 13 481 4 23 436 934 193 838 10 205 1,303 2,351 466 26 972 8 47 848 1,810 378 45 1,882 21 142 1,757 3,843 761 2,694 2,479 2,084 5,173 4,089 8,451 287 350 37 637 43 436 (20) 287 350 37 637 43 416 287 350 37 637 43 416 (918) (1,915) (3,835) (918) (1,915) XV Other equity XVI Earnings/ (loss) per equity share (face value of" 1 each)(")* For continuing operations (i) Basic (ii) Diluted For discontinued operations (i) Basic (ii) Diluted (3,835) 287 350 (881) 637 (1,872) (3,419) 0 (0) 1,350 (1) 0 1,350 (3) 1,350 (4) Other comprehensive income/ (loss) for the period/ year O (0) 1,349 O 1,347 XIII Total comprehensive income/ (loss) for the period/ year, net of tax (XI + XII) >- - - -2_8_7-+- 3_5_0-+- 46_8-+ 63_7-+ - - ~ (~5_25~)+- (~2~,0_7_3-'-') XIV Paid-up share capital (face value of" 1 per share) 262 262 232 262 232 261 1.07 1.07 1.31 1.31 0.16 0.15 (3.86) (3.82) 2.38 2.38 For continuing and discontinued operations (i) Basic ,,. ,...,--·- :-:-:::., .._ 1.07 1.31 (3.70) 2.38 (ii) Djy.JJ!lQ""'- ,,f ( ..,'{ ~i /j/~ 1.07 1.31 (3.67) 2.38 0.18 0.18 1,346 (8.06) (8.02) (7.88) (7.84) 20,578 1.69 1.68 (15.57) (15.52) (13.88) (13.84)
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Swiggy l-imited Statement of standalone balance sheet Cl "*t- Crore) Sl. No. Particulars As at sep 30, 2025 As at Mar 31, 2025 Unaudited Audited Non-current assets Property, plant and equipment Right-of-use assets Goodwill Other intangible assets Financial assets lnvestments Loans Other financial assets lncome tax assets Other assets Total non-current assets Current assets Financial assets lnvestments Trade receivables Cash and cash equivalents Bank balances other than cash and cash equivalents Loans Other financial assets Other assets Total current assets Assets held for sale Total assets EqutTYAND UAB[.tTtES il Equity Equity share capital Other equity equity Non-current liabilities Financial liabilities Lease liabilities Other fi nancial liabilities Contract liabilities Provisions Total non-current liabilities Current liabilities Financlal liabilities Lease liabilities Trade payables Total outstanding dues of micro enterprises and small enterprises; and Total outstanding dues of creditors other than micro enterprises and small enterprises Other financial liabilities Contract liabilities Other liabilities Provisions Total current liabilities Liabilities associated with assets held for sale Total liabilities and liabilities 885 r82 315 t73 11,955 2,254 9 45 202 872 L79 315 183 7,261 2,254 1,057 94 58 L6,024 2,002 288 1,098 285 r47 4,060 502 12,2a7 3,034 2L3 L,832 t,268 156 4,t77 305 8,383 10,985 747 24,407 24,Otg 262 2r,582 25L 20,578 2t,u4 I7I 27 t! 42 20,839 170 25 T2 49 25t 20 T6 805 1,091 16 290 73 256 15 LL 534 1,342 15 28t 83 2,3t2 2,242 642 2,563 3,180 24,4O7 24,019 * ,'1
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Swiggy Limited Statement of standalone cash flows Cl.*"", (< Crore) Sl. No. Particulars Half-year ended Sep 30, 2025 Sep 30, 2025 Unaudited Unaudited I ilt tv v Cash flow from operating activities Profit before tax from continuing operations Loss before tax from discontinued operations before tax for the period Adjustments to reconcile the profit/(loss) before tax to net cash flows: Depreciation and amortisation expense lncome on investments carried at fair value through profit or loss lnterest income on security deposits carried at amortised cost Gain on termination of leases Share based payment expense lnterest expense on liabilities measured at amortised cost Profit on disposal/write off of property, plant and equipment (net) lmpairment allowances for doubtful debts and advances Transaction cost on borrowing facilities lnterest on lease liabilities lnterest income lnterest income on income tax refund Operating profit/(loss) before working capital adjustments Movements in working capital : (lncrease)/ decrease in inventories (lncrease)/ decrease in trade receivables (lncrease)/ decrease in other financial assets (lncrease)/ decrease in other assets lncrease/ (decrease) in trade payables lncrease/ (decrease) in other financial liabilities lncrease/ (decrease) in other liabilities lncrease/ (decrease) in contract liabilities lncrease/ (decrease) in provisions Cash used in operating activities lncome tax (paid)/ refund (net of tax deducted at source) Net cash used in operating activities Cash flow from investing activities Purchase of investments Proceeds from sale/maturity of investments Purchase of property, plant and equipment and other intangible assets Proceeds from disposal of property, plant and equipment and other intangible assets Proceeds from repayment of loans Redemption of bank deposits, net lnvestment in subsidiaries lnterest received Net cash generated from/(used inl investing activities Cash tlow lrom tlnanclng actlvlrles Proceeds from exercise of employee stock options Payment of principal portion of lease liabilities Payment of interest portion of lease liabilities Transaction cost on borrowing facilities Net cash used in financint activities Net decrease in cash and cash equivalents (l+ll+llll Cash and cash equivalents at the beginning of the period Cash and cash equivalents at the end of the period 617 43 (1.9151 637 205 l47l (0) (0) 269 1 0 2 L 8 (3es) (0) lt,872l 47 (e) (1) 0 498 2 31 5 (2os) 681 277 (680) (213) (2s1) (304) 9 (13) (s3) (1,s071 (3) (164) 727 (10s) (247], 83 99 10 8 (s87) 49 (1,6991 (12) ls38l (s,307) 6,627 (25s) 1 51 3,2t5 (4,73o1 228 lt,Tttl (5,523) 5,859 (24) 0 1,599 (6os) 162 lLTel 7 (e) (8) (1) 1,468 3 (15) (6) lLTl (lel 1734]l 1262 7,832 1,083 1,098 821
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Swiggy Limited Notes to the standalone financial results $f s*iesy Ouarter ended Half vear ended Year ended Seo ?O- 2O25 Seo 3O. 2O25 SeD 30- 2025 Met 11.2fl26,Particulars Seo 30. 2025 June 30, 2026 unaudited Unaudited Unaudited Una udited Unaudited Audited lmpairment of investments {i) stairtnrv imnaat df new I ahorrr Codcq{ii) 7 Total 20 t? il, * * 1 The above standalone results were reviewed and recommended by the Audit Committee and approved by the Board of Directors at their meeting held on October 22, 2026. The Statutory Auditors have conducted a limited review of these unaudited standalone financial results and issued an unmodified review report thereon. 2 These standalone financial results have been prepared in accordance with lndian AccountinB Standards ('lnd A5') prescribed under Section 133 of the Companies Act, 2013 along with the relevant rules issued thereunder and other accounting principles generally accepted in lndia and in terms of Regulation 33 ofthe SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended {"Listing Regulations"}. 3 Exceptional items includes: (i) Pertains to impairment of investment in associate reflecting the Company's share of accumulated losses since acquisition. (ii) Pertains to the one-time impact arising from the implementation of the New Labour Codes, effective November 21, 2025. Based on actuarial valuation, the Company recognised the incremental employee benefit liability arising primarily due to the change in wage definition as an exceptional item, considering the non-recurring nature the impact. 4 TheCompanypublishesthesefinancial resultsalongwiththeconsolidatedfinancial results. lnaccordancewithlndASl0S,'OperatingSegments',theCompanyhas the segment information in the consolidated financial results. 5 DuringthequarterendedSeptember30,2026,theSwiggyEmployeeStockOptionTrust("Trust")hastransferred2S,49,65Sequitysharesof{leachpursuanttothe of stock options by employees under various Employee Stock Option Schemes. 6 During the quarter ended September 30, 2026, Swiggy Limited incorporated a wholly owned subsidiary, Swiggy Commerce Private Limited, which has not yet business operations. 7 Consequent to the Board approval on September 23,2025, and the subsequent approval by the shareholders on November 0L,2025, the Company has presented its Commerce business ("lnstamart") as "Discontinued Operations" for all comparative periods in its standalone financial results in accordance with lnd AS 105, following transfer of the lnstamart business, on a going-concern basis, by way of a slump sale to Swiggy lnstamart Private Limited, a wholly owned step-down subsidiary of Company. This transfer became effective on April 01,2026. 8 DuringtheyearendedMarch3l,2026,theCompanyhadoptedfortheconversionofinter-corporatedeposits(lCDs)aggregatingto{l,l30Croregiventoits subsidiary, Swiggy Retail Limited (formerly known as Supr lnfotech Solutions Limited, Supr lnfotech Solutions Private Limited), into 0.001% Compulsorily Debentures (CCDs), resulting in full settlement of the lCDs, with no financial impact in the Standalone Statement of Profit and Loss. Subsequent to the quarter ended September 30, 2026, the Company has opted for the conversion of inter-corporate deposits {lCDs) aggregating to { 2,406 Crore ( accrued interest) given to its wholly-owned subsidiary, Swiggy Networks Limited (formerly known as Swiggy Networks Private Limited, Scootsy Logistics Private Limited), Loss. 9 During the quarter ended June 30,2026, the Company acquired certain Property, Plant and Equipment from its wholly-owned subsidiary, "Swiggy Networks Limited" (formerly known as Swiggy Networks Private Limited, Scootsy Logistics Private Limited), for { 49 Crore (March 31, 2026: < 818 Crore) at book value, being fair value, to align asset ownership within the Group. 10 During the year ended March 37, 2026, the Company completed the sale of its entire investment in Roppen Transportation Services Private Limited (Rapido) for a consideration of { 2,399 Crore, pursuant to requisite Board and shareholder approvals. Accordingly, a gain of { 1,350 Crore was recognised in Other Comprehensive lncome. of { 375 per equity share (including premium of < 374 per equity share) aggregating to { 10,000 Crore pursuant to Qualified lnstitutions Placement (QlP) in accordance with the provisions of Securities and Exchange Board of lndia (lssue of Capital and Disclosure Requirements) Regulations (the "SEBI ICDR Regulations"). 12 Changes in Board and Senior Management During the quarter ended June 30, 2026, Mr. Lakshmi Nandan Reddy Obul (DlN: 05586145), Whole-Time Director - Head of lnnovation, and Mr. Roger Clark Rabalais (DlN: 07304038), Nominee Director, resigned with effect from April 10, 2026. Mr. Renan De Castro Alves Pinto (DlN: 03118947) was appointed as Non-Executive, Non- Nominee Director with effect from April 1I,2026. During the quarter ended September 30,2026, Mr. Amitesh Kumar Jha resigned as the CEO - lnstamart and ceased to be a Senior Management Personnel ("5MP") of the Company with effectfrom luly 28,2026. Ms. Nandita Sinha was appointed as the CEO- lnstamart and categorised as SMP with effectfrom August 3,2026. 13 Amountswhich are less than half a crore are appearing as "0". 14 The standalone financial results for the quarter and half-year ended September 30, 2026 are also being made available on the Stock Exchange websites www.bsei and www.nseindia.com and on the Company's website: www.swiggy.com for and on beholf oJ the Boord of Directors ol Swiggy Limited h,\"1'n Location: Bengaluru Date: October 22, 2025 Sriharsha Maiety Managing Director & Group Chief Executive Officer DIN:06680073