Swiggy Ltd

Swiggy will hold a meeting of the Board of Directors of the Company on 31 July 2025.Powered by Capital Market - Live

The stock plunged as much as 7.33%, hitting a record low of Rs 297 today. For context, the company made its market debut on 13 November 2025, with shares listing at Rs 412'a modest 5.64% premium over its IPO price of Rs 390. From a post-listing high of Rs 617, the stock has now halved. With the lock-in curtain lifted, a whopping 189.75 crore equity shares'roughly 83% of Swiggy's total shareholding'became eligible for trading. These shares, previously under wraps, are estimated to be worth nearly Rs 62,000 crore. When a company goes public, early investors'think promoters, employees, and venture capital backers'are typically barred from selling their holdings for a certain period (usually 6-12 months for pre-IPO investors, and 90-180 days for employees). This buffer helps prevent a sudden mass sell-off that could destabilize the stock. Now that the restriction is gone, these shareholders can head to the market'though whether they will is another question. The end of the lock-in doesn't guarantee a sell-off, but it opens the door for one. Swiggy is India's pioneering on-demand convenience platform. With a footprint in food delivery, Swiggy Food collaborates with over 2.5 lakh restaurants across ~700 cities. Swiggy Instamart, its quick commerce platform operating in 120+ cities, delivers groceries and other essentials across 20+ categories in 10 minutes. Swiggy reported a net loss of Rs 1,081.18 crore for the quarter ended March 2025 (Q4 FY25), nearly doubling from Rs 554.77 crore in the same quarter last year. Revenue from operations rose 44.8% year-on-year to Rs 4410.02 crore in Q4FY25. The company's widening losses were primarily attributed to elevated spending on its quick commerce arm, Instamart. Swiggy increased investments in customer acquisition, dark store infrastructure, and marketing efforts amid intensifying competition, resulting in higher operating expenses. Powered by Capital Market - Live

Net Loss of Swiggy reported to Rs 1081.18 crore in the quarter ended March 2025 as against net loss of Rs 554.77 crore during the previous quarter ended March 2024. Sales rose 44.80% to Rs 4410.02 crore in the quarter ended March 2025 as against Rs 3045.55 crore during the previous quarter ended March 2024. For the full year,net loss reported to Rs 3116.80 crore in the year ended March 2025 as against net loss of Rs 2350.24 crore during the previous year ended March 2024. Sales rose 35.38% to Rs 15226.76 crore in the year ended March 2025 as against Rs 11247.39 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales4410.023045.55 45 15226.7611247.39 35 OPM %-21.86-16.10 --18.31-19.69 - PBDT-875.45-413.12 -112 -2492.82-1899.07 -31 PBT-1081.18-529.75 -104 -3105.10-2319.65 -34 NP-1081.18-554.77 -95 -3116.80-2350.24 -33 Powered by Capital Market - Live

Revenue from operations rose 44.8% year-on-year to Rs 4410.02 crore in Q4FY25. The company's widening losses were primarily attributed to elevated spending on its quick commerce arm, Instamart. Swiggy increased investments in customer acquisition, dark store infrastructure, and marketing efforts amid intensifying competition, resulting in higher operating expenses. Total expenditure jumped 52.93% year-on-year to Rs 5,609.67 crore in Q4 FY25. Employee benefits expenses rose 25.79% YoY to Rs 695.60 crore, while spending on advertising and sales promotion skyrocketed 135.46% to Rs 977.72 crore. Platform Gross Order Value (B2C GOV) rose ~40% YoY to clock Rs 12,888 crore. However, consolidated adjusted EBITDA loss increased to Rs 732 crore due to significant growth investments in quick-commerce. The food delivery business Gross Order Value (GOV) rose 17.6% YoY to Rs 7,347 crore. Adjusted EBITDA grew 15.4% QoQ and over 5x YoY to Rs 212 crore, and strong efficiency and execution drove a margin expansion to 2.9% of GOV, up from 0.5% a year ago. The growth was backed by innovative services like speedier deliveries through Bolt (which powers 12% Food delivery orders already) and differentiated propositions like the top-tier subscription programme One BLCK continued to drive up consumer traction. Instamart accelerated its GOV growth to 101% YoY (19.5% QoQ), clocking Rs 4,670 crore in Q4. Average order value increased by 13.3% YoY to Rs 527. Instamart added 316 new darkstores (+45% QoQ), its highest-ever during a quarter; driving up active darkstore area to 4 mn sq ft (+62% QoQ) in line with guidance. Led by the growth investments, contribution margin declined from -4.6% in Q3FY25 to -5.6% in Q4FY25 and adjusted EBITDA loss increased to Rs 840 crore. Sriharsha Majety, MD all of which are aimed at opening up new user-segments and markets. Our Food delivery engine delivered best-ever results across innovation and execution, driving category-leading growth and rising profitability in lockstep. Quick-commerce is in a phase of rapid expansion and heightened competitive intensity, for which we have ramped-up investments aimed at market expansion (Megapods), reach (1000+ stores across 124 cities) and differentiation (Maxxsaver). Our Out of Home Consumption business turned profitable in Q4, within just 2 years of its integration. Overall, we remain focused on growth, on the back of delivering unparalleled convenience to consumers. Swiggy is India's pioneering on-demand convenience platform. With a footprint in food delivery, Swiggy Food collaborates with over 2.5 lakh restaurants across ~700 cities. Swiggy Instamart, its quick commerce platform operating in 120+ cities, delivers groceries and other essentials across 20+ categories in 10 minutes. Powered by Capital Market - Live

Net Loss of Swiggy reported to Rs 927.45 crore in the quarter ended March 2025 as against net loss of Rs 515.42 crore during the previous quarter ended March 2024. Sales rose 35.18% to Rs 2399.63 crore in the quarter ended March 2025 as against Rs 1775.15 crore during the previous quarter ended March 2024. For the full year,net loss reported to Rs 2541.67 crore in the year ended March 2025 as against net loss of Rs 1888.03 crore during the previous year ended March 2024. Sales rose 38.04% to Rs 8796.48 crore in the year ended March 2025 as against Rs 6372.30 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales2399.631775.15 35 8796.486372.30 38 OPM %-44.1912.82 --34.26-35.94 - PBDT-903.46383.53 PL -2397.67-1668.10 -44 PBT-927.45-418.24 -122 -2497.75-1785.44 -40 NP-927.45-515.42 -80 -2541.67-1888.03 -35 Powered by Capital Market - Live

Kouzina Food Tech, one of India's fastest-growing food service platforms, has entered into a strategic agreement with Swiggy for the exclusive license of its digital-first food brands: The Bowl Company (TBC), Homely, Soul Rasa, and Istah. Under this agreement, Kouzina will manage end-to-end operations, innovation, and growth for these brands. Upon fulfillment of certain pre-agreed conditions, Swiggy will transfer full ownership of these brands to Kouzina. 'Swiggy's food brands-including The Bowl Company, Homely, and others were launched to address gaps in restaurant supply and meet the demand for variety and convenience in food delivery. These brands have filled key market whitespaces and inspired restaurant partners to innovate, ultimately benefiting consumers. With its expansive digital-first F&B platform and asset-light business model, Kouzina is well-positioned to scale these brands to new heights,' said Arpit Mathur, VP at Swiggy. At the center of this update is The Bowl Company, one of India's most popular digital food brands. Launched by Swiggy in 2017, The Bowl Company pioneered the concept of high-quality, flavorful, single-serve meals designed for everyday convenience. Its broad and innovative menu appeals to students, working professionals, and families alike, with signature dishes such as Peri Peri Chicken Rice Bowl, Nawabi Paneer Lababdar Rice Bowl, Drunken Chicken Rice Bowl, and Dhaba Style Dal Tadka Rice Bowl.Powered by Capital Market - Live

The announcement comes less than six months after Bolt was launched in October 2024. The stock movement was further supported by a statement from competitor Eternal (formerly Zomato), which confirmed it is discontinuing its 10-minute delivery service, Quick. Eternal also announced the closure of its home-style meal delivery service Everyday, citing a lack of path to profitability without compromising customer experience. Swiggy reported that Bolt now accounts for more than 10% of food delivery orders on its platform. The company stated that demand has been strong across metropolitan areas as well as Tier 2 and Tier 3 cities, supported by a network of over 45,000 restaurant partners. According to Swiggy, Bolt is designed to optimize operational efficiency through smart backend systems, a curated menu of high-demand, low-preparation items, and a 2-km delivery radius. The service features offerings from major quick service restaurant (QSR) brands including KFC, McDonald's, Subway, Faasos, Burger King, and Curefoods, along with various regional brands. Rohit Kapoor, CEO of Swiggy's Food Marketplace, stated that Bolt addresses the evolving needs of customers seeking speed without compromising food quality. He noted the service's rapid scale-up to over 500 cities as a significant milestone. In contrast, Eternal CEO Deepinder Goyal explained that the current restaurant density & kitchen infrastructure was not suited to the demands of a 10-minute delivery model. He added that the pilot for Quick did not yield incremental demand and maintaining customer experience at that speed was not feasible under current conditions. The withdrawal of its key competitor from the quick delivery segment is being viewed as a positive development for Swiggy's Bolt initiative. Swiggy is India's pioneering on-demand convenience platform, catering to millions of consumers each month. Founded in 2014, its mission is to elevate the quality of life for the urban consumer by offering unparalleled convenience, enabled by over 5 lakh delivery partners. With an extensive footprint in food delivery, Swiggy Food collaborates with over 2 lakh restaurants across 700+ cities. Instamart, its quick commerce platform operating in 100+ cities, delivers groceries and other essentials across 20+ categories in 10 minutes. Fueled by a commitment to innovation, Swiggy continually incubates and integrates new services like Swiggy Dineout and Swiggy Genie into its multi-service app. Leveraging cutting-edge technology and Swiggy One, the country's only membership program offering benefits across food, quick commerce, dining out, and pick-up and drop services, Swiggy aims to provide a superior experience to its users. Swiggy's board will consider Q4FY25 results on 9 May 2025. The company reported consolidated net loss of Rs 799.08 crore in Q3 FY25 compared with net loss of Rs 574.38 crore in Q3 FY24. However, revenue from operations jumped 30.98% to Rs 3993.06 crore in Q3 FY25 compared with Rs 3,048.69 crore in Q3 FY24. Powered by Capital Market - Live

Swiggy announced the remarkable scale of its quick food delivery service, Bolt by Swiggy, now operational in over 500+ cities nationwide. Launched in October 2024, Bolt has surged across metros as well as Tier 2 and Tier 3 towns, powered by a network of over 45 thousand restaurant brands. In less than 6 months of being launched, Bolt already powers more than 1 in every 10 Food delivery orders delivered by Swiggy. With over 47 lakh dishes spanning 26 diverse cuisines, Bolt is redefining the speed, scale, and standards of food delivery in India. From dosas to biryani, shakes to sandwiches, and cakes to Chinese takeout, Bolt ensures the most-loved dishes reach customers hot and fresh in 10 minutes, without cutting corners on quality or consistency. At its core, Bolt is a breakthrough in operational intelligence. It combines smart backend optimization with a curated menu of quick-serve, high-demand items that have minimal or no preparation time. With delivery radius limited to 2 km, the service maintains quality while ensuring reliability. Popular QSR brands like KFC, McDonald's, Subway, Faasos, Burger King, and Curefoods are already live on Bolt, alongside a fast-growing roster of local favourites. It's an experience that feels instant and personal' whether you're ordering breakfast in Bengaluru or a midnight snack in Patna. 'Bolt' is prominently featured as a tile on the Food section of the Swiggy app, making it easier for customers nationwide to access this speedy service. Bolt isn't just winning on convenience'it's also delivering business impact. Restaurants on Bolt see optimized workflows, reduced wait times, rapid scaleup in daily orders, and a noticeable uptick in repeat orders. For Swiggy, the format is a powerful consumer acquisition and retention lever'with new users acquired through Bolt showing 4-6% higher monthly retention than the platform average. Importantly, delivery partners are not informed that an order is a Bolt one, and no incentives are tied to delivery speed, ensuring safety-first execution at every touchpoint.Powered by Capital Market - Live

Swiggy will hold a meeting of the Board of Directors of the Company on 9 May 2025.Powered by Capital Market - Live

Swiggy has allotted 36,32,264 equity shares of the Company pursuant to the exercise of stock options by the eligible employees, under Swiggy ESOP Plan 2015 & Swiggy ESOP Plan 2021. Consequent to this allotment made on 22 April 2025, the paid-up equity share Capital of the Company stands increased from Rs. 2,28,64,80,881 divided into 2,28,64,80,881 equity shares of Re. 1/- each to Rs. 2,29,01,13,145 divided into 2,29,01,13,145 equity shares of Re. 1/- each. Powered by Capital Market - Live