Swiggy Q4 Results: Net loss nearly doubles to ₹1,081 crore, revenue jumps 45% YoY

4 months ago 105K
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Swiggy has announced its financial results for the fourth quarter of fiscal year 2025, revealing a significant increase in net loss. The company's consolidated loss surged to ₹1,081.18 crore, nearly double the ₹554.77 crore reported in the same quarter last year. This stark rise in losses highlights the ongoing challenges faced by the food delivery giant in balancing growth with profitability, amid a highly competitive market landscape. Despite the mounting losses, Swiggy's revenue for the quarter showcased a robust growth of 45% year-on-year. This uptick indicates strong consumer demand and increased market penetration. Swiggy's strategic investments in technology and expansion into new service areas, such as grocery deliveries, appear to be paying off in terms of revenue generation, even as they contribute to the higher expenditure. The company attributed the widening losses to increased operational costs and investments aimed at enhancing customer experience. Swiggy's focus remains on scaling its operations and diversifying its offerings, which it believes will eventually lead to profitability. As the food delivery sector continues to evolve, Swiggy's strategy will be closely watched by investors and industry analysts alike.

— Authored by Next24 Live