Swiggy Q4 Results: Loss narrows to Rs 800 crore as revenue rises to Rs 6,383 crore

Swiggy Q4FY26 Results: Swiggy reported a narrower net loss for the quarter ended March 31, 2026, even as revenue surged sharply on the back of strong growth in its food delivery and quick commerce businesses.

The company posted a consolidated net loss of Rs 800 crore in Q4 FY26, compared to a loss of Rs 1,081 crore in the same quarter last year, reflecting improvement in operational efficiency amid continued investments in expansion and competition.

Revenue rises 45 per cent to Rs 6,383 crore

Swiggy’s revenue from operations rose 45 per cent year-on-year to Rs 6,383 crore during the March quarter, driven by strong momentum in Instamart and steady growth in the core food delivery business.

The topline growth came amid rising demand for convenience-led online consumption and continued expansion of quick commerce services across multiple cities.

Food delivery business maintains steady momentum

The company reported a 22.6 per cent year-on-year increase in food delivery Gross Order Value (GOV), indicating sustained consumer demand despite an increasingly competitive market environment.

Swiggy also reported a record Adjusted EBITDA margin of 3.3 per cent in its food delivery business, reflecting stronger operating leverage and better execution across delivery operations.

Instamart continues to drive growth

Swiggy’s quick commerce platform Instamart remained a key growth engine during the quarter. The business continued to scale rapidly despite aggressive competition in the segment from multiple players.

The company said it remained focused on balancing growth with operational discipline, while continuing investments in dark stores, logistics infrastructure and customer acquisition.

Industry analysts noted that Instamart’s contribution to overall revenue continues to increase, positioning Swiggy strongly in India’s expanding quick commerce market.

Focus on efficiency and profitability

Swiggy continued to prioritise efficiency improvements during the quarter. According to company commentary and analyst observations, monthly contribution margins improved further as the company focused on cost optimisation and improving order economics.

Despite the narrowing quarterly loss, Swiggy’s total loss for the full financial year FY26 widened to Rs 4,154 crore, compared to Rs 3,117 crore in FY25, reflecting continued investments in expansion, technology and competitive intensity in the quick commerce space.

Stock movement

Shares of Swiggy closed 1.2 per cent higher at Rs 282.8 on May 8, 2026, as investors reacted positively to the strong revenue growth and improvement in quarterly profitability metrics.

Market participants said the company’s ability to deliver strong growth while reducing losses could improve investor confidence, especially as competition in both food delivery and quick commerce remains intense.