Questions across 2 calls

Sudheer Guntupalli

Firm not listed in source transcripts

Swiggy Limited

Analysts/Institutional Investor Meet/Con. Call Updates Swiggy Limited has informed the Exchange about Transcript · 2026-01-29

Few questions. Your AOV both on gross and net basis has seen a strong increase Q-o-Q despite you actually experimenting with this cart breaking behaviour of no fee about INR299. So how much of this AOV increase is structural? Is there any element of seasonality or mix shift, which has also contributed to this strong AOV increase, especially in this quarter?

Sure, Amitesh. Second question is on the OPD metric. In this business, if we believe that OPD is a vanity metric anyways, why are we even responding to competition from unlisted players, especially on the cart downsizing or breaking behaviour, especially in the backdrop of other listed players choosing not to respond. So why not just focus on Maxxsaver and other initiatives where we seem to be doing well and that seems to be working for us?

Swiggy Limited CC-Feb26.pdf · 2026-01-29

Few questions. Your AOV both on gross and net basis has seen a strong increase Q-o-Q despite you actually experimenting with this cart breaking behaviour of no fee about INR299. So how much of this AOV increase is structural? Is there any element of seasonality or mix shift, which has also contributed to this strong AOV increase, especially in this quarter?

Sure, Amitesh. Second question is on the OPD metric. In this business, if we believe that OPD is a vanity metric anyways, why are we even responding to competition from unlisted players, especially on the cart downsizing or breaking behaviour, especially in the backdrop of other listed players choosing not to respond. So why not just focus on Maxxsaver and other initiatives where we seem to be doing well and that seems to be working for us?