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Swiggy Instamart March quarter sales slip as quick commerce pivots to profits

Technology
Published on 8 May 2026
Swiggy Instamart March quarter sales slip as quick commerce pivots to profits

First sequential drop hints Instamart is reining in growth

Swiggy Instamart’s gross order value fell 0.7% sequentially to Rs 7,881 crore in the March quarter, even as it rose 68% year-on-year. The slowdown reflects a wider quick commerce shift: operators are prioritizing unit economics and profitability over chasing higher volumes at any cost.

  • Instamart gross order value dipped 0.7% sequentially to Rs 7,881 crore
  • Growth remains strong at 68% year-on-year
  • Industry focus is moving from volume to unit economics
  • Profitability strategy likely behind moderated expansion
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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