
Swiggy Reports Narrowing Q4 Net Loss, Revenue Growth Reaches 45%
Swiggy Reports Narrowed Net Loss in Q4FY26
Swiggy Ltd, a leading online food and grocery delivery tech platform, reported a net loss of Rs 800 crore for the quarter ended March 31, 2026, a significant improvement from the net loss of Rs 1,081 crore in the year-ago period. The company's continued growth in its food delivery business has contributed to this narrowing of the net loss.
The company posted a 45% growth in revenue from operations at Rs 6,383 crore in Q4FY26, compared to Rs 4,410 crore in Q4FY25. This growth in revenue is a testament to the company's strong performance in the market.
In its quarterly results, Swiggy highlighted the growth of its food delivery business, which has been the strongest in nearly four years. The business has crossed the INR 1,000 Cr mark in annual adjusted EBITDA, defying skepticism around a sector slowdown. Moreover, the margins of this business have improved meaningfully compared to the previous year.
Swiggy has taken a more calculated approach to its quick commerce arm, Instamart. The company has stated that the next phase of Instamart will be defined by anticipating consumer needs, not merely fulfilling them. Despite this, Instamart has posted a remarkable 68.8% year-on-year (YoY) gross order value (GOV) growth to Rs 7,881 crore.
| Business Segment | Q4FY25 | Q4FY26 | Growth (%) |
|---|---|---|---|
| Revenue from Operations | Rs 4,410 crore | Rs 6,383 crore | 45% |
| Instamart Gross Order Value (GOV) | Rs 7,881 crore | 68.8% |
Swiggy's shares closed 1.2% higher at Rs 282.8 apiece on May 8, the day the company announced its quarterly results post-market hours. The results demonstrate the company's ability to navigate the market and improve its financial performance.
Investor Takeaway
Swiggy's revenue growth and narrowing net loss indicate a positive trend in the food delivery business.
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