Bengaluru, July 30 -- Swiggy Ltd's June-quarter (Q1FY26) earnings, due on 31 July, will offer a critical test of whether India's second-largest food delivery platform can justify its valuation and win back investor confidence, particularly in quick commerce, where competition is intensifying and losses remain steep.

The Bengaluru-based company, co-founded by Sriharsha Majesty, Nandan Reddy, and Rahul Jaimini, reported revenue of Rs.15,275 crore in FY25. Food delivery accounted for 59.6% of this, while Instamart, its grocery delivery vertical, contributed 29.8%. Smaller segments, including ads, dine-out, ticketing, its new fast-food service Snacc, and micro-delivery platform Pyng, brought in 5.3%. The remaining 4.2% came from other income...