Swiggy Limited has informed the Exchange about Shareholders Letter Q4 FY25
SWIGGY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Swiggy reported Q4 FY25 Consolidated Adjusted Revenue of INR 4,718 Cr, up 44.4% YoY, but Consolidated Adjusted EBITDA loss widened to INR 732 Cr from INR 490 Cr in Q3, as heavy investments in Quick-commerce (Instamart) dragged margins. Food delivery continued its profitability trajectory with EBITDA margin rising to 2.9% of GOV (+236bps YoY), while Quick-commerce EBITDA margin fell to -18% with Adjusted EBITDA loss of INR 840 Cr. The Out-of-Home (Dineout) segment turned profitable for the first time at 0.3% margin. Platform MTUs grew 34.5% YoY to 19.8 million. Cash and cash equivalents stood at INR 6,695 Cr as of March 31, 2025. Management maintained Food delivery annual growth guidance of 18-22% and revised AOV growth guidance to high-teens for the near-term.
Heavy Quick-commerce investments continue to pressure overall profitability, though management signals this is the peak and expects sequential improvement with Contribution break-even in 3-5 quarters. Food delivery's steady profitability and Dineout's turnaround are positive signals, but elevated losses and rising competitive intensity in quick-commerce remain key risks for shareholders.