Results · Commerce & Consumer Brands

Swiggy reports Q4 FY25 results with revenue growth and losses

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Swiggy operates food delivery and instant grocery services across India

Q4 FY25 consolidated revenue rose 44.8% to Rs 4,410 crore despite a net loss of Rs 1,081 crore

Instamart breakeven is delayed to Q1 FY27 due to intense competition and expansion costs

Swiggy released its Q4 FY25 financial results showing significant revenue growth alongside substantial losses.
Consolidated revenue from operations reached Rs 4,410 crore, marking a 44.8% year-on-year increase.
The company reported a consolidated net loss of Rs 1,081.1 crore for the quarter ending March 2025.
Adjusted EBITDA loss stood at Rs 732 crore, driven largely by heavy investments in the quick commerce segment.
Monthly transacting users grew by 34.5% to reach 19.8 million during the quarter.
Total orders placed on the platform increased by 24.2% to 246 million in the period.
Gross Order Value (GOV) surged by 40.3% to Rs 12,888 crore compared to the previous year.
Cash and cash equivalents held by Swiggy were Rs 6,695 crore as of March 31, 2025.

Intensifying competition in the quick commerce sector has increased customer acquisition and marketing costs.
Breakeven guidance for Instamart was revised later to reflect these operational challenges and investment needs.

Swiggy provides food delivery services through a network of over 251,700 active restaurant partners.
Food delivery adjusted revenue grew 19.75% to Rs 1,867 crore with GOV rising 17.6%.
The Bolt service contributes 12% of food delivery orders after expanding to 500 cities.
Quick commerce arm Instamart generated Rs 733 crore in adjusted revenue, up 113.7% year-on-year.
Instamart GOV more than doubled to Rs 4,670 crore with an average order value of Rs 527.
Instamart serves 9.8 million monthly transacting users across 1,021 active dark stores.
Supply chain and distribution revenue grew significantly by 58.4% to Rs 2,004 crore.

Instamart aims to achieve profitability by Q1 FY27, pushing back earlier targets.
Store expansion will now focus on growth zones rather than fixed numerical targets.
The company plans to prioritize megapod facilities for higher order handling capacity.

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