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Swiggy posts Rs 4,410 Cr revenue in Q4 FY25, Instamart grows 115%

EntrackrEntrackr · 3m ago
Swiggy posts Rs 4,410 Cr revenue in Q4 FY25, Instamart grows 115%
Medial

Swiggy posts Rs 4,410 Cr revenue in Q4 FY25, Instamart grows 115% Foodtech and quick commerce major Swiggy has managed a 45% year-on-year growth in its operating revenue which spiked to Rs 4,410 crore during Q4 FY25 as compared to Rs 3,045 crore in Q4 FY24. However, the Bengaluru-based company’s losses surged 95% in the same period. Swiggy’s food delivery business continues to be a major contributor, accounting for 37% of the total collection in Q4 FY25. Revenues from this vertical grew 18% to Rs 1,629 crore from Rs 1,375 crore in Q4 FY24. The company’s quick commerce segment also saw remarkable growth, with revenue surging by 115% to Rs 689 crore in Q4 FY25 from Rs 320 crore in Q4 FY24. The segment's gross order value (GOV) growth was driven by an increase in order frequency and the addition of new dark stores. Scootsy Logistics contributed a major 45% of Swiggy’s overall operating collection. Income from this entity increased by 58% YoY to Rs 2,004 crore in Q4 FY25 from Rs 1,265 crore in Q4 FY24. During the last quarter, Swiggy invested Rs 1,000 crore in Scootsy to support expansion and growth. Swiggy’s Dine Out, Genie, Swiggy Mini, and other non-operating income took its total revenue to Rs 4,531 crore in Q4 FY25. For the full fiscal year ending March 2025, Swiggy’s revenue rose 35% to Rs 15,227 crore in FY25 from Rs 11,247 crore in FY24. On the cost side, the procurement of FMCG products for supply chain distribution formed 33% of its overall cost which increased by 52% to Rs 1,854 crore in Q4 FY25. Meanwhile, the delivery charges saw 27% growth to Rs 1,161 crore in Q4 FY25. Swiggy spent Rs 695 crore and Rs 978 crore on employee benefits and advertising, respectively. Overall, Swiggy’s total expenses for the quarter increased 53% to Rs 5,609 crore from Rs 3,668 crore in Q4 FY24. On a fiscal-on-fiscal year basis, its total expenses increased to Rs 18,725 crore in the quarter ending March 2025 from Rs 13,947 crore in FY24. The 53% growth in expenditure led losses to increase by 95% to Rs 1,081 crore in Q4 FY25 from Rs 555 crore in Q4 FY24. On a fiscal-on-fiscal basis, Swiggy’s losses spiked 33% to Rs 3,117 crore in FY25 from Rs 2,350 crore in FY24.

Swiggy posts Rs 4,961 Cr revenue in Q1 FY26, losses soar 96%

EntrackrEntrackr · 23d ago
Swiggy posts Rs 4,961 Cr revenue in Q1 FY26, losses soar 96%
Medial

Swiggy posts Rs 4,961 Cr revenue in Q1 FY26, losses soar 96% Foodtech and quick commerce major Swiggy has reported a 54% year-on-year growth in its operating revenue which spiked to Rs 4,961 crore during Q1 FY26 as compared to Rs 3,222 crore Q1 FY25. However, the Bengaluru-based company’s losses almost doubled in the same period. Scootsy Logistics contributed a major 46% of Swiggy’s overall operating collection. Income from this entity increased by 78% YoY to Rs 2,259 crore in Q1 FY26 from Rs 1,268 crore in Q1 FY25. Swiggy’s food delivery business continues to be one of the major contributors, accounting for 36% of the total collection in Q1 FY26. Revenues from this vertical grew 19% to Rs 1,800 crore from Rs 1,518 crore in Q1 FY25. The company’s quick commerce segment also saw remarkable growth, with revenue surging by 2X to Rs 806 crore in Q1 FY26 from Rs 374 crore in Q1 FY25. The segment's gross order value (GOV) growth was driven by an increase in order frequency and the addition of new dark stores. Swiggy’s Dine Out, Genie, Swiggy Mini and other non-operating income took its total revenue to Rs 5,048 crore in Q1 FY26. On the cost side, the procurement of FMCG products for supply chain distribution formed 33% of its overall cost which increased by 72% to Rs 2,064 crore in Q1 FY26. Meanwhile, the delivery charges saw 26% growth to Rs 1,313 crore in Q1 FY26. Swiggy spent Rs 686 crore and Rs 1,036 crore on employee benefits and advertising, respectively. Overall, Swiggy’s total expenses for the quarter increased 60% to Rs 6,244 crore from Rs 3,908 crore in Q1 FY25. The 60% growth in expenditure led losses to increase by 96% to Rs 1,197 crore in Q1 FY26 from Rs 611 crore in Q1 FY25. Recently Swiggy reshuffled its board as Sumer Juneja from SoftBank and Anand Daniel from Accel resigned from their roles as nominee directors on Swiggy’s board. Following these departures, Swiggy appointed Faraz Khalid, CEO of Middle East commerce platform noon, as an independent director. Swiggy shares were trading at Rs 404 at the end of Thursday with a total market capitalization of Rs 1,00,730 crore.

Sahil Barua resigns from Swiggy board due to professional commitments

EntrackrEntrackr · 4m ago
Sahil Barua resigns from Swiggy board due to professional commitments
Medial

Swiggy announced on Friday that Sahil Barua, an Independent Director on the company's board, has resigned with effect from April 11, 2025. The resignation comes in light of Barua’s increased professional commitments, according to a regulatory filing made by the company. Barua, who is also the Co-founder and CEO of logistics firm Delhivery, was one of the earliest independent members of Swiggy’s board and had been associated with the company during a crucial phase of its growth and transition into the public markets. “I'd like to thank Swiggy for inviting me to serve as part of the Board. Swiggy is one of the great Indian internet companies, with outstanding founders and management. I look forward to cheering for Harsha and the Swiggy team as a user and well-wisher,” said Barua. Swiggy’s independent board of directors includes Anand Kripalu, Shailesh Haribhakti, and Suparna Mitra.

Swiggy crosses Rs 4,000 Cr revenue in Q3 FY25, InstaMart grows 2.1X

EntrackrEntrackr · 6m ago
Swiggy crosses Rs 4,000 Cr revenue in Q3 FY25, InstaMart grows 2.1X
Medial

Swiggy crosses Rs 4,000 Cr revenue in Q3 FY25, InstaMart grows 2.1X Swiggy’s food delivery business continues to be a major contributor, accounting for 34.23% of the total collection in Q3 FY25. Foodtech and quick commerce major Swiggy has managed a 31% year-on-year growth in its operating revenue which spiked to Rs 3,993 crore during Q3 FY25 as compared to Rs 3,048 crore in Q3 FY24. Swiggy’s food delivery business continues to be a major contributor, accounting for 34.23% of the total collection in Q3 FY25. Revenues from this vertical grew 3% to Rs 1,367 crore from Rs 1,326 crore in Q3 FY24. The company’s quick commerce segment also saw remarkable growth, with revenue surging by 113% to Rs 576 crore in Q3 FY25 from Rs 270 crore in Q3 FY24. The segment's gross order value (GOV) growth was driven by an increase in order frequency and the addition of new dark stores, contributing significantly to the company’s overall revenue.

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