Food delivery major Swiggy reported a consolidated net loss of Rs. 1,065 crores for the quarter ended December 31, 2025, widening from Rs. 799 crore a year ago, even as its revenue from operations surged 54% year-on-year to Rs. 6,148 crores. The strong topline growth reflects Swiggy’s aggressive expansion across food delivery, quick commerce, and supply chain services.
Total income for the quarter stood at Rs. 6,244 crore, up from Rs. 4,096 crore in Q3 FY25. For the nine months ended December 2025, revenue rose to Rs. 16,670 crore, compared with Rs. 10,817 crore a year earlier, while cumulative losses widened to Rs. 3,354 crore.
Food delivery remained the company’s most profitable segment, posting a segment result of Rs. 282 crores, with quarterly revenue reaching Rs. 2,039 crores. However, quick commerce under Instamart continued to weigh on profitability, reporting a loss of Rs. 791 crores, despite revenue rising to Rs. 1,016 crores amid investments in dark stores, logistics, and customer acquisition.
Swiggy’s supply chain and distribution business emerged as the largest revenue contributor, generating Rs. 2,981 crores, while out-of-home consumption platforms Dineout and SteppinOut added Rs. 103 crores.
Total expenses climbed to Rs. 7,298 crores, driven by higher delivery costs, marketing spends, and employee expenses. During the quarter, Swiggy also raised Rs. 10,000 crores through a QIP and completed the sale of its stake in Rapido. The board approved the transfer of Instamart into a step-down subsidiary, marking a strategic restructuring move.
