Swiggy aims to deliver a ₹10,000-cr delicious parcel
Swiggy announced plans to achieve ₹10,000 crore in annual adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA) by fiscal year 2031. The food delivery segment is expected to contribute ₹5,000 crore, while its quick commerce unit, Instamart, aims for ₹4,000 crore. The company is focused on profitability and addressing consumer needs to meet this target.