Swiggy Releases Q4 Results: Net Loss Doubles, Revenue Climbs

Swiggy releases Q4 reports

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Swiggy Ltd. released Q4 results for the FY2025, quoting a revenue of Rs. 4,410 Crore which is a 45% Year-onYear increase. This revenue accounts for both Swiggy’s food delivery and quick commerce arm, Swiggy Instamart. 

However, its losses also doubled to Rs. 1,081 Cr from Rs.554 Cr, reported earlier- a striking rise of more than 94% from last year Q4. 

Swiggy releases Q4 results

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).

THE DIP

With the growing competition, Swiggy’s quick commerce underwent rapid expansion, adding 316 new dark stores and solidifying its presence in 124 cities in the last quarter alone. This resulted in high cost, which is been cited as the reason behind the fall.

THE TWO DELIVERIES OF THIS QUARTER

The company’s EBIDTA (Earnings Before Interest, Taxes, Depreciation, and Amortization) loss widened to Rs 962 crore from Rs 485 crore a year ago. On the other hand, Zomato released its Q4 financials recently and Zomato’s profits increased by 50% YoY to ₹527 crore, with revenue growing 67% to ₹20,243 crore.

In contrast to Swiggy, Zomato managed to grow its revenue substantially while maintaining profitability, albeit with a decline in quarterly profits.