# Swiggy Targets Rs 10,000 Crore Adjusted EBITDA By FY31

2026-08-07T02:55:53+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Swiggy has set a target of Rs 10,000 crore in consolidated adjusted EBITDA by FY31, with food delivery, Instamart and Dineout contributing to the plan. At its Capital Markets Day, the company projected gross order value of Rs 2.5 lakh crore by FY31. Inc42 reports that food delivery EBITDA could rise from about Rs 1,000 crore in FY26 to Rs 5,000 crore, while Instamart’s gross order value may reach Rs 1.5 lakh crore from Rs 28,000 crore. Instamart achieved a 0.2% contribution margin in Q1 FY27. Toing and Crew reported Rs 51 crore revenue but a Rs 131 crore loss.

## Coverage

- inc42.com <https://inc42.com/buzz/swiggy-bets-on-toing-instamart-to-achieve-%E2%82%B910000-cr-adjusted-ebitda-by-fy31/>
- ndtvprofit.com <https://www.ndtvprofit.com/markets/swiggys-1-billion-ebitda-dream-wins-brokerage-approval-but-theres-a-catch-check-target-prices-11877295#publisher=newsstand>

Tags: food delivery, Instamart, quick commerce, Swiggy, Toing
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