SOURCE : NEW18 NEWS
Last Updated:May 09, 2025, 17:10 IST
Swiggy Instamart, the platform’s quick-commerce arm, saw a remarkable 101% YoY growth in GOV, reaching Rs 4,670 crore in Q4.
Swiggy expands its Bolt service in more than 500 cities.
Swiggy Q4 Results: Swiggy reported that its net loss for Q4 FY25 stood at Rs 1081.18 crore, registering a double gain year-on-year from Rs 524.76 crore in Q4 FY24. Looking at the fiscal year, the net loss of Swiggy widened to Rs 3116 crore for FY25, against Rs 2350 crore for FY24.
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However, the food tech’s revenue surged almost 44 per cent in Q4 FY25 to Rs 4530 crore, against Rs 3143 crore in Q4 FY24.
The platform’s Gross Order Value (GOV) surged by approximately 40% year-over-year (YoY) to reach Rs 12,888 crore. Adjusted EBITDA loss of Rs 732 crore due to significant investments in quick-commerce.
The food delivery segment’s GOV grew by 17.6% YoY to Rs 7,347 crore, with adjusted EBITDA margins improving to 2.9% of GOV, up from 0.5% a year ago. This growth was driven by services like speedier deliveries through Bolt and the top-tier subscription program One BLCK, which enhanced consumer traction.
Swiggy Instamart Sees 101% YoY Growth In GOV
Swiggy Instamart, the platform’s quick-commerce arm, saw a remarkable 101% YoY growth in GOV, reaching Rs 4,670 crore in Q4. The average order value increased by 13.3% YoY to Rs 527. Instamart added 316 new darkstores, expanding its service to 124 cities and increasing active darkstore area to 4 million square feet. Despite these investments, the contribution margin declined slightly, and the adjusted EBITDA loss increased to Rs 840 crore.
Out Of Home Consumption Segment
The Out of Home Consumption segment turned profitable with a 42% YoY growth in GOV and adjusted EBITDA margins rising to 0.3% of GOV. The platform’s average monthly transacting users (MTU) increased by 35% YoY to 19.8 million, with 35% of users utilizing more than one service on the platform.
Sriharsha Majety, MD & Group CEO, Swiggy, said “FY25 was a year of many firsts for Swiggy. We launched multiple new apps, across Instamart, Snacc and recently, Pyng; all of which are aimed at opening up new user-segments and markets. Our Food delivery engine delivered best-ever results across innovation and execution, driving category-leading growth and rising profitability in lockstep.
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 (1000+ stores across 124 cities) and differentiation (Maxxsaver). Our Out of Home Consumption business turned profitable in Q4, within just 2 years of its integration.
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- First Published:
May 09, 2025, 17:09 IST
