Winning Bizness Desk

Mumbai.In Q4 FY25, Swiggy's revenue from operations surged to Rs4,410 crore, marking a 45% increase from Rs3,045 crore in Q4 FY24. However, the company's net loss widened to Rs1,081 crore, up from Rs554 crore in the corresponding quarter of the previous year. The increased losses are attributed to aggressive investments in expanding its quick commerce segment, Instamart, amidst intensifying competition.

Segment Highlights: Instamart and Scootsy Drive Growth

Swiggy's quick commerce arm, Instamart, exhibited remarkable growth, with revenue increasing by 115% YoY to Rs689 crore in Q4 FY25. The segment's Gross Order Value (GOV) growth was driven by an increase in order frequency and the addition of new dark stores. Additionally, Scootsy Logistics contributed significantly, accounting for 45% of Swiggy’s overall operating revenue, with income rising by 58% YoY to Rs2,004 crore.

Annual Overview: FY25 Financial Summary

For the full fiscal year FY25, Swiggy reported a consolidated revenue of Rs15,227 crore, up 35% from Rs11,247 crore in FY24. However, the company's net loss for the year increased to Rs3,117 crore, compared to Rs2,350 crore in the previous fiscal year. The company attributed the losses to increased investments in new initiatives and expansion efforts.

Stock Market Performance: Declining Share Value

Swiggy's stock has experienced a downward trend, closing at Rs314 on May 9, 2025, a 0.25% decrease from the previous day. Over the past year, the share price has declined by approximately 32%, reflecting investor concerns over the company's mounting losses. Since its listing on November 13, 2024, at Rs420, the stock has fallen by about 27%

Strategic Initiatives and Future Outlook

Swiggy's CEO, Sriharsha Majety, highlighted FY25 as a year of significant developments, including the launch of new apps like Instamart, Snacc, and Pyng, aimed at expanding user segments and markets. The company also reported that its Out of Home Consumption business turned profitable in Q4, within just two years of its integration. Looking ahead, Swiggy plans to continue investing in market expansion, reach, and differentiation to drive growth and enhance consumer convenience.

Key Takeaways:

Q4 FY25 Revenue: Rs4,410 crore (45% YoY growth)

Q4 FY25 Net Loss: Rs1,081 crore (95% YoY increase)

Instamart Revenue Growth: 115% YoY to Rs689 crore

Scootsy Logistics Contribution: 45% of total revenue, Rs2,004 crore

FY25 Annual Revenue: Rs15,227 crore (35% YoY growth)

FY25 Net Loss: Rs3,117 crore (33% YoY increase)

Stock Performance: 32% decline over the past year, closing at Rs314 on May 9, 2025