Swiggy Q4 FY25 Net Loss Widens to ₹1,081 Cr as Revenue Jumps 44.8%

Food delivery platform Swiggy reported a net loss of ₹1,081 crore in the March quarter of FY25, up from ₹555 crore in the same period the previous year.

Revenue from operations increased by 44.8 % year-on-year to ₹4,410 crore, compared to ₹3,045.5 crore in the prior year. The company’s EBITDA loss widened to ₹962 crore in Q4 FY25, up from ₹485 crore in the same quarter of the previous year.

Swiggy Q4 figures

Swiggy’s platform gross order value (GOV) surged by 40 % year-on-year, reaching ₹12,888 crore. The core food-delivery segment recorded a GOV increase of 17.6 % year-on-year to ₹7,347 crore in the March quarter. Meanwhile, Swiggy Instamart saw rapid growth, with its GOV rising 101 % year-on-year and 19.5 % quarter-on-quarter to ₹4,670 crore in Q4.

The food-delivery app also saw a significant increase in engagement, with monthly transacting users (MTU) growing 35 % year-on-year to 19.8 million. Additionally, Swiggy’s out-of-home consumption business became profitable, achieving a GOV growth of 42 % year-on-year.

Sriharsha Majety, MD and group CEO of Swiggy, stated: “FY25 was a year of many firsts for Swiggy. We launched multiple new apps across Instamart, Snacc and recently Pyng, all 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 (1,000 stores across 124 cities) and differentiation (Maxxsaver). Our out-of-home consumption business turned profitable in Q4 within just two years of its integration. Overall, we remain focused on growth, on the back of delivering unparalleled convenience to consumers.”