Swiggy Ltd.'s net loss widened during the quarter ended March 31, 2025, despite a jump in revenue, as per the financial results declared by the food aggregator on Friday.
The company recorded a net loss of Rs 1,081 crore during the January-March period of fiscal 2025, as compared to Rs 799 crore in the year-ago period.
The loss logged by the company is sharper as compared to the consensus estimate of Rs 778.1 crore by analysts polled by Bloomberg.
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Swiggy Q4 Highlights (Consolidated, QoQ)
Revenue up 10.4% to Rs 4,410 crore versus Rs 3,993 crore (Bloomberg estimate: Rs 4,178.5 crore).
Ebitda loss of Rs 962 crore versus loss of Rs 726 crore (Bloomberg estimate: Loss of Rs 732.7 crore).
Net loss of Rs 1,081 crore versus loss of Rs 799 crore (Bloomberg estimate: Loss of Rs 778.1 crore).
Segment Revenue (QoQ)
Swiggy's revenue from its food delivery segment fell 0.5% to Rs 1,629 crore for the fourth quarter on sequential basis, while the revenue from its quick commerce segment surged 19.6% to Rs 689 crore.
Its revenue from supply chain and distribution rose 18% to Rs 2,004 crore, while that of out-of-home consumption increased 1.5% to Rs 67 crore quarter-on-quarter basis.
Shares of Swiggy closed 0.67% lower at Rs 313.10 apiece on the NSE, compared to a 1.1% fall in the benchmark Nifty. The stock has fallen 31.34% in the last 12 months and 42.12% on a year-to-date basis.
Out of 20 analysts tracking the company, 12 have a 'buy' rating on the stock, three recommend 'hold' and five suggest 'sell', according to Bloomberg data. The average of 12-month analysts' price target implies a potential upside of 43.1%.
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