India, July 31 -- Even as its quick commerce arm Instamart continued to weigh on Swiggy's bottom line in Q1 FY26, the segment showed signs of reduction in its cash burn.

While Instamart saw its loss almost triple to INR 797 Cr during the quarter under review from INR 280 Cr a year ago, the increase was a mere 3.3% on a sequential basis from INR 771 Cr.

Instamart's adjusted EBITDA margin also saw marginal improvement QoQ. It stood at 15.8% in Q1 FY26 as against 18% in the preceding quarter, as the company was selective in darkstore additions during the quarter.

"In Q1, we expanded operations to 127 cities (vs 124 in Q4), and added darkstores selectively for alleviating capacity constraints or creating coverage in specific pockets that d...