Swiggy Q4: losses nearly double to Rs 1,081 crore despite 45% revenue growth

Food and grocery delivery platform Swiggy saw its net loss almost double to Rs 1,081 crore during the January-March quarter, as it aggressively expanded its quick commerce network in the period, adding nearly four dark stores per day.Growth in quick commerce also pushed the company’s consolidated operating revenue, which rose 45% year-on-year (YoY) to Rs 4,410 crore.

Founder and group CEO Sriharsha Majety pointed out that investments made by Swiggy in the 10-minute grocery delivery business Instamart peaked during the fourth quarter of fiscal 2025,…