Swiggy is trading 9.27% down at ₹191.80 after Q2 FY27 results showed its net loss widened sequentially to ₹922 crore. - Net loss narrowed year over year, while revenue rose 36% year over year to ₹7,571 crore. - Instamart lost ₹895 crore; its contribution margin fell sequentially, raising profitability concerns. - Before October 22 results, Citi warned rival Eternal’s renewed food-delivery push could weigh on Swiggy; reporting does not establish how much each factor contributed to the session’s move.