Foodtech major Swiggy is currently at an annual run rate of 1 Bn orders across its consumer offerings, its CFO Rahul Bothra said.

“In terms of scale, we’re runrating close to a billion orders on a yearly basis …” ET quoted Bothra as saying.

It must be noted that the Sriharsha Majety-led company clocked 230 Mn orders in the September quarter of the fiscal year 2024-25 (Q2 FY25) alone.

Of the total, Swiggy’s quick commerce arm Instamart clocked 60 Mn orders.

Swiggy is set to announce its Q3 FY25 results on Wednesday.

The foodtech company, which went public last year, in Q2 FY25 from INR 657 Cr in the year-ago quarter. Operating revenue zoomed 30% to INR 3,601.45 Cr during the quarter under review from INR 2,763.33 Cr in the year-ago period.

The gross order volume (GOV) of Swiggy’s food delivery business jumped 15% year-on-year to INR 7,191 Cr in the July-September quarter. Meanwhile, Instamart’s GOV zoomed 76% YoY to INR 3,382 Cr in the reported quarter.

(The story will be updated shortly.)

The post appeared first on .