Swiggy Narrows Q4 Loss to ₹800 Crore Amid Revenue Growth
Swiggy Q4 results: Loss narrows to ₹800 crore, revenue up at ₹6,383 crore
Business Standard
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Swiggy, the Indian food delivery platform, reported a narrowed loss of ₹800 crore for Q4 FY26, down from ₹1,081 crore the previous year, with revenues rising to ₹6,383 crore. The growth was driven by a significant increase in its quick commerce segment, Instamart, and strong performance in its food delivery business.
- 01Swiggy's loss narrowed to ₹800 crore in Q4 FY26 from ₹1,081 crore last year.
- 02Revenue increased to ₹6,383 crore, driven by growth in Instamart and food delivery.
- 03Gross order value for food delivery rose 22.6% year-on-year.
- 04Instamart reported a 68.8% increase in gross order value to ₹7,881 crore.
- 05Monthly transacting users grew by 27.2% to 25.2 million.
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Swiggy, the Indian food delivery platform, reported a narrowed loss of ₹800 crore for the fourth quarter of FY26, down from ₹1,081 crore in the same period last year. The company attributed this improvement to robust growth in its quick commerce division, Instamart, which saw a 68.8% year-on-year increase in gross order value (GOV) to ₹7,881 crore. Overall revenue rose to ₹6,383 crore, marking a significant recovery in its food delivery business, which recorded a 22.6% increase in GOV, the highest growth in 15 quarters. Adjusted earnings before interest, taxes, depreciation, and amortization (Ebitda) improved to ₹297 crore, with the food delivery segment crossing ₹1,000 crore in annual adjusted Ebitda. Swiggy's monthly transacting users also grew by 27.2% year-on-year to 25.2 million. CEO Sriharsha Majety expressed optimism about the company's future, highlighting improved unit economics and a strong balance sheet as they prepare for FY27.
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Swiggy's improved financial performance may lead to better service offerings and potentially lower delivery costs for consumers as the company stabilizes and grows.
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