Swiggy’s Board of Directors approved the unaudited financial results for Q3 2026. The results show a consolidated loss of ₹1,065 crore for the quarter and a total comprehensive loss of ₹1,066 crore. Revenue from operations stood at ₹6,148 crore. The board also approved the sale of its Rapido investment, resulting in a ₹1,350 crore gain.
Financial Performance in Q3 2026
For the quarter ended December 31, 2025, Swiggy reported a consolidated revenue from operations of ₹6,148 crore. However, the company incurred a loss before share of loss of an associate, exceptional items, and tax of ₹1,054 crore. After accounting for share of loss of an associate, the loss before exceptional items and tax was ₹1,055 crore.
The total expenses for the quarter amounted to ₹7,298 crore, with significant components including:
- Cost of materials consumed: ₹8 crore
- Purchases of stock-in-trade: ₹2,757 crore
- Employee benefits expense: ₹673 crore
- Advertising and sales promotion: ₹1,108 crore
- Delivery and related charges: ₹1,533 crore
Segment Highlights
A breakdown of revenue from operations across different segments reveals the following:
- Food Delivery: ₹2,041 crore
- Out of home consumption: ₹103 crore
- Quick-commerce: ₹1,016 crore
- Supply chain and distribution: ₹2,981 crore
Key Strategic Moves
During the quarter, Swiggy completed a Qualified Institutions Placement (QIP), allotting equity shares at a premium, raising ₹10,000 crore. Additionally, the Board approved the sale of its investment in Rapido, recognizing a gain of ₹1,350 crore in Other Comprehensive Income (OCI).
Source: BSE