More Stories

Informist, Thursday, Jan. 29, 2026

 

Please click here to read all liners published on this story

--Swiggy Oct-Dec consol net loss INR 10.65 bln 
--Analysts saw Swiggy Oct-Dec consol net loss at INR 10.23 bln 
--Swiggy Oct-Dec consol revenue INR 61.48 bln 
--Analysts saw Swiggy Oct-Dec consol revenue at INR 59.38 bln 
--Swiggy Oct-Dec consol net loss INR 10.65 bln vs INR 7.99 bln loss year ago 
--Swiggy Oct-Dec consol revenue INR 61.48 bln vs INR 39.93 bln year ago 
--Swiggy Apr-Dec consol net loss INR 33.54 bln vs INR 20.36 bln loss year ago 
--Swiggy Apr-Dec consol revenue INR 166.70 bln vs INR 108.17 bln year ago 
--Swiggy Q3 consol food delivery revenue INR 20.41 bln vs INR 16.37 bln yr ago 
--Swiggy Oct-Dec consol quick commerce revenue INR 10.16 bln vs INR 5.77 bln 
--Swiggy Q3 consol supply chain, distribution sale INR 29.8 bln vs INR 16.9 bln 
--Swiggy Oct-Dec consol advt expenses INR 11.08 bln vs INR 7.51 bln year ago 
--Swiggy Q3 B2C gross order value INR 181.22 bln vs INR 121.65 bln yr ago 
--Swiggy Q3 consol delivery charges INR 15.33 bln vs INR 11.27 bln year ago 
--Swiggy Q3 food delivery gross order value INR 89.6 bln vs INR 74.4 bln yr ago 
--Swiggy Q3 quick-commerce gross order value INR 79 bln vs INR 39 bln yr ago 
--Swiggy Q3 quick-commerce contribution margin -2.5% vs -4.6% year ago 
--Swiggy Q3 quick-commerce avg order value INR 746/order vs INR 534 yr ago 
--Swiggy Oct-Dec food delivery contribution margin 7.6% vs 7.4% year ago

 

By Nandini Sinha

 

MUMBAI – Swiggy Ltd.'s net loss for the December quarter widened year-on-year on account of a significant rise in its total expenses. Of the total expenses, the purchases of stock-in-trade saw the highest on-year jump during the reporting quarter. This came despite a healthy growth in the food delivery and quick commerce platform's top line for the December quarter.

 

Swiggy reported a consolidated net loss of INR 10.65 billion for the December quarter, compared to a consolidated net loss of INR 7.99 billion in the year-ago quarter. Analysts had expected the company to report a consolidated net loss of INR 10.23 billion. Its consolidated revenue for the quarter grew nearly 54% on year and 11% on quarter to INR 61.48 billion, slightly above the analysts' estimate of INR 59.38 billion.  

Swiggy's total expenses for the reporting quarter was INR 72.98 billion, up 49% on year. Of the total expenses, the purchases of stock-in-trade rose over 77% on year to INR 27.57 billion for the December quarter. Finance costs almost doubled to INR 550 million from INR 260 million in the year-ago quarter. Advertising and sales expenses were INR 11.08 billion, up nearly 48% on year. The consolidated delivery and related charges rose over 36% to INR 15.33 billion from INR 11.27 billion a year ago. 

 

The business-to-consumer gross order value for the December quarter was INR 181.22 billion, up from INR 121.65 billion in the corresponding quarter a year ago. 

 

Swiggy reported a consolidated food delivery revenue of INR 20.41 billion for the December quarter, up nearly 25% on year and over 6% on quarter. The quick commerce revenue rose more than 76% to INR 10.16 billion from 5.77 billion in the year-ago quarter. The consolidated supply chain and distribution sale was INR 29.81 billion, up 76% on year and over 16% sequentially. The average monthly transacting users on Swiggy's food delivery platform rose nearly 37% on year to 24.3 million. Swiggy's food delivery gross order value rose 20.5% year-on-year to INR 89.6 billion.

 

The quick-commerce gross order value for Oct-Dec rose to INR 79 billion from INR 39 billion in the year-ago quarter. The quick-commerce contribution margin improved to (-)2.5% from (-)4.6% in the year-ago quarter and was over 9 basis points higher sequentially. The contribution margin of Instamart improved on the back of expanded basket-sizes, optimisation of customer incentives and operating leverage, the company said. The average order value in the quick-commerce segment increased nearly 40% on year to INR 746 from INR 534 a year ago.  

 

The company's consolidated net loss for the nine months ended December was INR 33.54 billion. The consolidated revenue for Apr-Dec was INR 166.7 billion, up over 54% on year. 

 

Swiggy announced its earnings post-market hours Thursday. Shares of the company closed slightly up at INR 327.65 on the National Stock Exchange.  End

 

Edited by Tanima Banerjee

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

 

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2026. All rights reserved.