News for Agent

Daily business news: funding, M&A, launches

Earnings & Results

Swiggy Q2 Results Headline Busy Earnings Day With Havells, Colgate and Adani Total Gas

By ·

Key takeaways

  • Swiggy reported September-quarter results on October 22, 2026, alongside Havells India, Colgate-Palmolive (India), Adani Energy Solutions, Adani Total Gas, Hindustan Petroleum Corporation, Nippon Life India Asset Management and Jammu & Kashmir Bank.
  • Paisalo Digital reported net profit up 27.4% to Rs 65.6 crore and total income up 23.7% to Rs 277 crore for the September quarter.
  • Swiggy operates across 685+ cities in India and serves 120M+ ever-transacted users with 25.2M monthly transacting customers.

Swiggy reported its September-quarter results on October 22, 2026, leading a busy earnings day that also includes Havells India, Colgate-Palmolive (India), Adani Energy Solutions, Adani Total Gas, Hindustan Petroleum Corporation, Nippon Life India Asset Management and Jammu & Kashmir Bank, NDTV Profit reported. The publisher said investors will also track numbers from CreditAccess Grameen, Cyient, Jindal Stainless, Sapphire Foods, Nuvoco Vistas, Paisalo Digital and BlueStone Jewellery and Lifestyle for cues on consumption trends, energy demand, financial services and industrial activity.

Swiggy Leads October 22 Earnings Slate

NDTV Profit's live blog, authored by Khushi Maheshwari, tracked earnings announcements, management commentary and stock-specific reactions through the day. Paisalo Digital reported consolidated net profit up 27.4% to Rs 65.6 crore versus Rs 51.5 crore, with total income up 23.7% to Rs 277 crore versus Rs 224 crore, according to the publisher.

Swiggy is India's publicly listed hyperlocal commerce platform, operating a unified app for food delivery, quick-commerce groceries through Instamart, dining-out through Dineout, and event ticketing. The company was founded in 2014 and is headquartered in Bangalore.

Havells India also reported on the same day. HDFC Mutual Fund raised its stake in Havells India to 5.012% by acquiring 1,00,127 shares via open market on October 16, 2026, up from 4.996% of paid-up equity capital, triggering mandatory disclosure under SEBI regulations, ScanX reported.

Swiggy's Funding and Partnership Record

According to akta.pro company records, Swiggy closed a Rs 10,000 crore (about USD 1.2 billion) Qualified Institutions Placement in December 2025, led by ICICI Prudential Mutual Fund, with participation from BlackRock, Fidelity, Goldman Sachs AM, Temasek, Vanguard, and top Indian mutual funds and insurers. The same records show a September 2026 post-IPO secondary of $31.2 million led by SBI Mutual Fund, and a June 2026 flagship contextual-commerce partnership with JioStar/JioHotstar enabling food ordering during live IPL streams, attracting over 37 million consumers during IPL 2026 and processing 6,200+ orders per minute during finals.

Swiggy's Run-Up to the Results

Swiggy launched Multi Restaurant Ordering on its app, letting users order from up to five restaurants in one go, Zee Business reported in October 2026. Swiggy CEO Rohit Kapoor said roughly 90% of Indians have never used food delivery, making new consumers a bigger growth opportunity than increasing order frequency, YourStory reported on October 15, 2026. A TradingView broker's call on October 16, 2026 said Swiggy is transitioning from growth-at-all-costs to profitability, having moved from a peak loss of about 5.6% in Q4 FY25 to contribution break-even in Q1 FY27.

What Comes Next for Swiggy

NDTV Profit said the earnings day covers results spread across the September quarter, with management commentary and stock-specific reactions tracked through the live blog. The publisher listed Swiggy among the Nifty 50 firms reporting, alongside Bajaj Finance and Eternal, in a week that included nearly 100 companies, CNBC TV18 reported on October 18, 2026.

Companies in this story

Sources

Machine-readable: Markdown · JSON