Instamart operating-level breakeven hinges on order volumes expanding 2.5x
Food and grocery delivery company Swiggy said on Thursday that Instamart will break even on an adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda)
Food and grocery delivery company Swiggy said on Thursday that Instamart will break even on an adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) basis when the quick commerce platform reaches 250-300 million quarterly orders, up from 114.5 million in the April-June quarter.For the first quarter of FY27, Instamart broke even at the contribution margin level, in line with the guidance the company had provided five
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