New Delhi, Aug. 1 -- Swiggy share price declined over 4% on Friday after the food delivery major reported its Q1 results. Swiggy shares fell as much as 4.34% to Rs.386.25 apiece on the BSE.

The quick commerce and food delivery giant Swiggy posted a wider consolidated net loss of Rs.1,197 crore for the first quarter of FY26, significantly higher than Rs.611 crore posted in the corresponding period last year.

However, the company's consolidated revenue in Q1FY26 54% surged to Rs.4,961 crore from Rs.3,222 crore, year-on-year (YoY)

The consolidated adjusted EBITDA loss during the June quarter increased to Rs.813 crore from Rs.465 crore a year ago, and Rs.732 crore in the preceding March quarter.

Swiggy said that its platform Gross Order V...