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Swiggy, Zomato & The Quiet Collapse of Restaurant Margins

Bengaluru restaurants say they keep just ₹40,000 from every lakh earned on food delivery platforms. That gap isn't a rounding error. It's the result of a layered deduction system that most restaurant owners don't fully see when they sign up. On a typical ₹500 order, total platform deductions hit ₹212, leaving the restaurant with under ₹288. This episode breaks down exactly how the cost stack works, from base commissions of 22 to 28% to GST, packaging cuts, forced discounts, and ad spend pressure. It also compares Zomato and Swiggy directly, and explains why this stock market story matters…

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