Internet & Catalogue Retail company Swiggy announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Platform Gross Order Value (B2C GOV) rose ~40% YoY to clock Rs 12,888 crore; Consolidated Adjusted EBITDA loss increased to Rs 732 crore due to significant growth investments in Quick-commerce Food delivery GOV grew 17.6% YoY; Adjusted EBITDA margins improved further to 2.9% of GOV, up from 0.5% a year ago Instamart GOV growth rose to 101% YoY; Added 316 darkstores (greater than number of darkstores cumulatively added over last 8 quarters) and expanded service to 124 cities Out of Home Consumption segment turned profitable with 42% YoY GOV growth, and Adjusted EBITDA margins rising to 0.3% of GOV Platform’s Average MTU increased 35% YoY to reach 19.8 million; with 35% of all users utilizing more than one service on the platform FY25 Financial Highlights: Revenue from operations for FY25 stood at Rs 15,622.9 crore compared to Rs 11,634.3 crore for FY24 PBT for FY25 stood at Rs -3,116.8 crore compared to Rs -2,350.2 for FY24 PAT for FY25 stood at Rs -2,350.2 crore compared to Rs -2,255.9 for FY24 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. Overall, we remain focused on growth, on the back of delivering unparalleled convenience to consumers.” Result PDF
Conference Call with Swiggy Management and Analysts on Q4FY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.