Economy · India
Swiggy aims for ₹10,000 crore EBITDA by FY31
Food delivery platform Swiggy has announced its target to achieve an Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of ₹10,000 crore by the fiscal year 2031. The company also aims to more than triple its consolidated gross order value to approximately ₹2.5 trillion by FY31. This growth projection implies a compound annual growth rate exceeding 30%. Swiggy's strategy relies on continued expansion in its food delivery and quick commerce segments, specifically its Instamart service.
How outlets across the spectrum covered it
Left 0 · Centre 3 · Right 1 n = 4
- Centre (3): Business Standard, Mint, Telangana Today
- Right (1): The Pioneer