Swiggy outlines exclusive product strategy for Instamart, sees cash break-even in two quarters Swiggy’s earnings call provided new insights into Instamart’s strategy beyond its quarterly financial results, emphasizing a focus on exclusive products, private labels, and brand partnerships. The company reiterated its goal to achieve cash break-even within the next two quarters, signaling a shift from aggressive expansion to a more differentiated approach in the competitive quick-commerce market. While Swiggy’s quarterly results highlighted ongoing investments in quick commerce, the earnings call revealed a broader plan to distinguish Instamart from rivals. Instead of prioritizing network expansion alone, management outlined a strategy centered on unique product offerings. This includes collaborations with large FMCG companies, challenger brands, and Swiggy’s own private labels to create products exclusive to the platform. The initiative, dubbed “Switch to Better,” aims to provide customers with differentiated options unavailable elsewhere. Exclusivity in this strategy often applies to individual SKUs rather than entire brands. For instance, multiple high-protein oat variants have been developed exclusively for Instamart, while some brands offer exclusive pricing on the platform. In categories like eggs, Swiggy is promoting its own private label. Management emphasized that the goal is to deliver better products at competitive prices, ensuring customers receive value while maintaining profitability. The strategy is also category-specific. Depending on the product segment, Instamart partners with established FMCG brands, emerging direct-to-consumer companies, or its own private labels. This approach is intended to build differentiation as competition in quick commerce intensifies.#swiggy #quick_commerce #instamart #rahul_bothra #fmcg
Nestle India Reports 47.9% YoY Profit Surge in Q1, Shares Climb, ETRetail Shares of Nestle India surged more than 2 percent to Rs 1,490 on Wednesday following the company’s announcement of a 47.9 percent year-on-year increase in its profit after tax for the first quarter of FY2026-27 (April-June). The financial results, disclosed in an exchange filing, revealed that the company’s Profit After Tax (PAT) reached Rs 975.1 crore during the quarter, marking a significant rise compared to the same period in the previous fiscal year. Total sales for the quarter amounted to Rs 6,363.3 crore, reflecting a 25.4 percent growth. Domestic sales saw a 25.0 percent increase, while the company maintained an EBITDA margin of 24.2 percent. Earnings per share for the quarter stood at Rs 5.06. Nestle India emphasized its continued focus on operational cost savings while increasing investments in its brands. Advertising expenses rose by over 40 percent during the quarter, yet the company managed to sustain its EBITDA margin. The company attributed its strong performance to robust growth across all four product groups, which delivered double-digit growth, with high double-digit gains across distribution channels. The confectionery segment, in particular, recorded significant volume-driven growth, supported by premiumization strategies and e-commerce expansion. KITKAT, a flagship brand, continued to gain market share during the quarter. The company highlighted the momentum of its e-commerce business, with Quick Commerce emerging as a critical growth driver. Factors contributing to this success included improved product availability, a tailored platform-specific pack portfolio, targeted media investments, and active participation in key festive events.#nestle_india #manish_tiwary #quick_commerce #kitkat #etrail
