Swiggy has announced its Q4 FY25 financial results, and while the food delivery giant saw a strong surge in revenue, it also reported a significant rise in net loss, raising concerns over its profitability.
According to the company’s report, Swiggy’s net loss for the fourth quarter stood at ₹1,081.18 crore, nearly double the ₹554.77 crore loss posted in Q4 of the previous financial year. This marks a 94% increase in losses year-over-year, despite healthy growth in revenue.
On a more positive note, Swiggy’s revenue from operations jumped 45% YoY, reaching ₹4,410 crore in Q4 FY25 compared to ₹3,046 crore in the same quarter last year. The company also saw improvement from the previous quarter, where revenue was ₹3,993 crore.
Looking at the full financial year, Swiggy reported a total net loss of ₹3,117 crore, which is 33% higher than the ₹2,350 crore loss recorded in FY24. However, its consolidated operational revenue for FY25 rose to ₹15,227 crore, showing a 35% increase from ₹11,247 crore in the previous fiscal.
This mixed performance highlights the ongoing challenge Swiggy faces: balancing aggressive growth with profitability. While customer demand and market reach appear to be expanding, the rising operational costs and expenses continue to impact the bottom line.
In comparison, Swiggy’s major competitor Zomato reported a profit after tax (PAT) of ₹39 crore in Q4, although that’s a 78% drop YoY. For the full year, however, Zomato’s net profits surged 50% to ₹527 crore, putting it in a relatively stronger financial position.
Despite impressive revenue growth, Swiggy’s increasing losses signal the need for better cost control and sustainable expansion strategies.
As India’s online food delivery market continues to evolve rapidly, all eyes will be on how Swiggy plans to steer through competitive and financial pressures in the coming quarters.
