Mumbai37 minutes ago
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On the January-March quarter of online food delivery platform Swiggi increased the net loss i.e. 95% on the annual basis, or about ₹ 1,082 crore. The company had a loss of ₹ 554 crore in the same quarter of last year.
At the same time, the company’s revenue increased by 45% to Rs 4,410 crore in the fourth quarter from the operations. It was Rs 3,045 crore in the same quarter of the last financial year. The earnings from selling goods and services are called revenue or revenue. Swiggy released the results of the fourth quarter (Q4FY25) of FY 2024-25 on Friday (May 9).
Company shares fell 32% in a year
Swiggy’s stock has closed at Rs 314 with a decline of 0.25% today. In the last 1 month, the company’s stock has fallen 7%, 31% in six months and 32% in a year. The company’s market cap is 75.64 thousand crores. Swiggy was listed in the stock market on 13 November 2024, since then its stock has fallen by 27%.
Swigy’s loss increased by 95% in the fourth quarter of FY 2025
On an annual basis
| Swigy | FY25 (January-March) | FY24 (January-March) | Change (%) |
| Operational revenue | ₹ 4,410 | ₹ 3,045 | 45% |
| Total income | ₹ 4,530 | ₹ 3,143 | 44% |
| Total expenses | ₹ 5,609 | ₹ 3,668 | 53% |
| Net loss | ₹ 1,082 | ₹ 555 | 95% |
On a quarterly basis
| Swigy | FY25 (January-March) | FY25 (October-December) | Change (%) |
| Operational revenue | ₹ 4,410 | ₹ 3,993 | 10% |
| Total income | ₹ 4,530 | ₹ 4,095 | 11% |
| Total expenses | ₹ 5,609 | ₹ 4,898 | 15% |
| Net loss | ₹ 1,082 | ₹ 799 | 35% |
Note: The figures are in crores of rupees.
Swigy’s loss increased by 33% in 2025 compared to fY 2024
| Swigy | FY 2025 | FY 2024 | Change (%) |
| Operational revenue | ₹ 15,226 | ₹ 11,247 | 35% |
| Total income | ₹ 15,622 | ₹ 11,634 | 34% |
| Total expenses | ₹ 18,725 | ₹ 13,947 | 34% |
| Net loss | ₹ 3,116 | ₹ 2,350 | 33% |
Note: The figure is in crores of rupees.
The company started with Bengaluru
Swiggy began with Korangala in Bengaluru. Founders Nandan Reddy and Sriharsha Majeti started the company by joining some delivery partners and about 25 restaurants. At that time the Swigy was not present on the app. Therefore, people used to go to his website and select their favorite restaurant and order food.
Swigy’s service started to feel very good to the people and this led to the recognition of the company. The company launched its own app in the early months of 2015. With the help of the app, ordering food became easy for the customer.
India’s fastest unicorn
Swiggy is the fastest unicorn company in India. It took the company less than 4 years to travel to Unicorn. By 2018, the company started in 2014 had become a company with an valuation of 10 thousand crores.
