Internet & Catalogue Retail company Swiggy announced Q3FY25 results Swiggy’s Food Delivery business Gross Order Value (GOV) grew 19.2% YoY to Rs 7,436 crore. Adjusted EBITDA grew 63.7% QoQ to Rs 184 crore, delivering a 2.5% margin, up from 0.3% a year ago. Swiggy Instamart reported an 88% YoY (15.5% QoQ) rise in GOV to Rs 3,907 crore. Average order value increased by 14% YoY to Rs 534 driven by greater selection and increased consumer salience. Sriharsha Majety, MD & Group CEO, Swiggy, said: “We continued our focus on creating segmented oerings for the consumer during the festive quarter, which we believe will open up more consumption occasions. In recent months, we've introduced Bolt and Snacc (10-minute food delivery), expanded into new categories within Quick-Commerce, and plan to oer an even greater assortment. We've also launched Swiggy Scenes focused on restaurant event reservations; and introduced One BLCK, the premium tier of our Swiggy One subscription program. We delivered higher YoY growth across all 3 of our primary businesses during Q3, which accelerated B2C GOV growth to 38% YoY. The secular expansion in Food delivery margins and cashow generation is balanced by growth investments being made in Quick-commerce including darkstores expansion and marketing, amidst high competitive intensity in the near term. With this thrust, Instamart added another 86 stores in January 2025, and has grown MTUs to 9 million (+2 million).” Result PDF