Swiggy Q4 Results: Loss Widens Despite Jump In Revenue
Swiggy's revenue from its food delivery segment fell 0.5% to Rs 1,629 crore.
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.
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%.
