SWIGGYNSESwiggy LimitedLowNeutral
Announced Tue, 29 Jul · 17:13 IST

Swiggy Limited has informed the Exchange about the Business Responsibility & Sustainability Report for the financial year 2024-25.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Swiggy has filed its first Business Responsibility and Sustainability Report (BRSR) for FY 2024-25, covering the standalone entity and assured on a limited basis by KPMG. The company reported turnover of INR 8,796.48 crore and net worth of INR 12,009.68 crore for the year, with operations across 35 Indian states/union territories. Key workforce metrics include 4,488 permanent employees (80.95% male, 19.05% female), 19 differently abled employees, and a sharply lower attrition rate of 33.37% versus 57.47% in the prior year. Material sustainability issues identified include delivery partner well-being, emissions reduction, circularity, data privacy and cybersecurity, food integrity, governance, and an inclusive value network. The report outlines 2030 goals such as a 100% EV delivery fleet, 100% renewable energy in direct operations, 100 million meals redistributed, 1 million individuals skilled, and 1 lakh women empowered across the value chain.

Likely market impact

This is a routine compliance and ESG disclosure filing with no direct impact on stock price or shareholder returns. However, it signals a structured sustainability framework with KPMG-assured metrics and clear 2030 targets, which may appeal to ESG-focused investors and improve long-term risk visibility around delivery partner welfare, emissions, and data security.