Swiggy Q4 net loss expands to ₹1,081 crore vs ₹555 crore a year ago, revenue up 45%

The company had posted a net loss of ₹554.7 crore in the corresponding period of the previous fiscal year.

Revenue from operations increased 44.8% to ₹4,410 crore in Q4 FY25, compared to ₹3,045.5 crore in the year-ago quarter.

Before Interest, Tax, Depreciation and Amortisation (EBITDA) loss widened to ₹962 crore in the final quarter of FY25, from ₹485 crore a year back.

Swiggy Q4 operational highlights

• Platform gross order value (GOV) rose 40% YoY to ₹12,888 crore in Q4 FY25.
• Swiggy’s food delivery business gross order value (GOV) grew 17.6% year-on-year (YoY) to ₹7,347 crore in the March FY25 quarter.
• Swiggy Instamart's GOV accelerated 101% YoY and 19.5% quarter-on-quarter to ₹4,670 crore in Q4.
• The food delivery app's monthly transacting users (MTU) surged 35% YoY to reach 19.8 million.
• Out-of-home consumption business turned profitable with a GOV growth of 42% YoY.

Sriharsha Majety, MD and Group CEO of Swiggy, said, "FY25 was a year of many firsts for Swiggy. We launched multiple new apps, across Instamart, Snacc and recently, Pyng; all of which are aimed at opening up new user-segments and markets. Our Food delivery engine delivered best-ever results across innovation and execution, driving category-leading growth and rising profitability in lockstep."

"Quick-commerce is in a phase of rapid expansion and heightened competitive intensity, for which we have ramped-up investments aimed at market expansion (Megapods), reach (1000+ stores across 124 cities) and differentiation (Maxxsaver). Our Out of Home Consumption business turned profitable in Q4, within just 2 years of its integration. Overall, we remain focused on growth, on the back of delivering unparalleled convenience to consumers," he added.

Swiggy shares settled 0.67% lower at ₹313.1 apiece on the National Stock Exchange on Friday. The results were announced post-market hours.