Swiggy Reports Reduced Losses in Q4 as Food Delivery EBITDA Surpasses ₹1,000 Crore
Swiggy Narrows Q4 Loss As Food Delivery EBITDA Tops Rs 1,000 Crore
News 18
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Swiggy's loss for Q4 of fiscal year 2025-26 decreased to ₹800 crore from ₹1,081 crore the previous year, driven by a robust food delivery segment that achieved an EBITDA of over ₹1,000 crore. Revenue from operations grew by 45% to ₹6,383 crore, reflecting significant operational improvements.
- 01Swiggy's Q4 loss decreased to ₹800 crore, down from ₹1,081 crore last year.
- 02Food delivery segment EBITDA surpassed ₹1,000 crore, indicating strong growth.
- 03Revenue from operations increased by 45% year-on-year to ₹6,383 crore.
- 04Quick-commerce segment revenue rose to ₹1,057 crore, though it remains loss-making.
- 05Average order value grew by 32.8% to ₹700, driven by non-grocery orders.
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Swiggy reported a narrowed loss of ₹800 crore for the fourth quarter of fiscal year 2025-26, down from ₹1,081 crore in the same quarter of the previous year. This improvement was primarily fueled by the food delivery segment, which achieved an EBITDA exceeding ₹1,000 crore. Revenue from operations surged by 45% to ₹6,383 crore, compared to ₹4,410 crore in Q4FY25. The food delivery segment's revenue rose to ₹2,075 crore, up from ₹1,629 crore, marking the fastest growth in nearly four years. Meanwhile, the quick-commerce segment also showed growth, with revenue climbing to ₹1,057 crore from ₹689 crore, despite reporting an EBIT loss of ₹736 crore. Swiggy's Gross Order Value (GOV) for its Instamart service increased by 68.8% year-on-year to ₹7,881 crore, supported by a 32.8% rise in average order value to ₹700. The company remains focused on a sustainable path to profitability without short-term decisions, as it continues to expand its network of dark stores.
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Swiggy's improved financial performance may lead to better service offerings and potentially lower delivery fees for consumers. The growth in average order value indicates that customers are spending more, which could enhance the overall dining experience.
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