Swiggy Q4 FY26 Results: Overall Revenue Jumps 45% to ?6,383 Crores, Net Loss Narrows to ?800 Crores
Swiggy Ltd released its Q4 FY26 report today, May 08, 2026, showing a strong performance in the quarter and full year ended March 31, 2026, with consolidated revenue rising 45% year-on-year (YoY) to ?6,383 crores.
The food delivery and quick commerce platform also narrowed its net loss to ?800 crore during the quarter, compared with ?1,081 crore in the same period last year.
The improvement in financial performance came amid continued growth in food delivery orders and the rapid expansion of Instamart, the company’s quick-commerce business. Swiggy’s operational momentum was supported by higher order volumes, increased customer engagement, and improvements in platform monetisation.
Key Highlights
Food Delivery Business Shows Margin Expansion
- Swiggy’s food delivery business continued to deliver steady growth and profitability improvements during the quarter. Gross Order Value (GOV) grew 22.6% YoY to ?9,005 crores, while monthly transacting users (MTUs) increased 21% YoY to 1.83 crore.
- The segment also reported an improvement in profitability, with the adjusted EBITDA margin rising to 3.3% of GOV (+41 bps YoY, +26 bps QoQ).
- Additionally, the Out-of-Home (OOH) segment recorded strong traction, with GOV growing 43% YoY. The segment also achieved its first full year of profitability in FY26, highlighting diversification beyond core food delivery.
Instamart Continues Rapid Expansion
- Swiggy’s quick commerce arm, Instamart, remained a key growth driver, posting GOV growth of 68.8% YoY to ?7,881 crores.?
- The company continued its calibrated network expansion, adding seven dark stores during the quarter, bringing the total to 1,143 stores across 129 cities, covering 4.8 million square feet.
- Average order value (AOV) rose 32.8% YoY to ?700, supported by a higher share of non-grocery orders and larger basket sizes. This indicates deeper engagement and evolving consumer behaviour on the platform.
- From a profitability standpoint, Instamart showed gradual improvement. Contribution margin improved by 65 basis points sequentially to -1.8%, with the monthly contribution margin reaching -1.1% in March 2026.
- Adjusted EBITDA margin improved to -10.9% from -11.4% in Q3 FY26, while the segment reported a loss of ?858 crores during the quarter.
Key Summary of Q4FY26 Results
|
Particulars |
Q4 FY26? ? ? ? ? ? ? ? ? ? ? ? (in ? Cr.) |
Q4 FY25? ? ? ? ? ? ? ? ? ? ? ? (in ? Cr.) |
FY26 ? (in ? Cr.) |
FY25? ? ? ? ? ? ? ? ? ? ? ? (in ? Cr.) |
|---|---|---|---|---|
|
Revenue from Operations |
6,383 |
4,410 |
23,053 |
15,227 |
|
Loss? |
(800) |
(1,081) |
(4,154) |
(3,116)? |
?
|
Segment? |
Revenue from Operations |
|||||
|---|---|---|---|---|---|---|
|
Q4 FY26? (in ? Cr.) |
Q4 FY25? ? ? ? ? ? ? ? ? ? ? ? (in ? Cr.) |
YoY Change (%) |
FY26? (in ? Cr.) |
FY25? ? ? ? ? ? ? ? ? ? ? ? (in ? Cr.) |
YoY Change (%) |
|
|
Food Delivery |
2,075? |
1,629 |
27.3 |
7,839 |
6,362 |
23.3 |
|
Out-of-home consumption? |
107 |
67 |
59.7 |
375 |
238 |
57.5 |
|
Quick-commerce? |
1,057 |
689 |
53.4 |
3,859 |
2,130 |
81.1 |
|
Supply chain and distribution |
3,135 |
2,004 |
56.4 |
10,935 |
6,418 |
70.3 |
|
Platform Innovations? |
11 |
22 |
(50) |
52 |
88 |
(40.9) |
|
Total? |
6,385 |
4,411 |
44.7 |
23,060 |
15,236 |
51.3 |
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