Swiggy Limited has announced its audited financial results for the quarter and financial year ended March 31, 2026. The company reported annual revenue from operations of ₹23,053 crore. Despite a significant scale-up in business operations and investments in new segments, the group reported a consolidated net loss of ₹4,154 crore for the full year. The board also noted key strategic activities, including a successful ₹10,000 crore Qualified Institutions Placement (QIP) during the year.
Financial Performance Overview
For the fiscal year ended March 31, 2026, Swiggy achieved a consolidated revenue from operations of ₹23,053 crore, demonstrating strong growth compared to the ₹15,227 crore reported in the previous year. For the final quarter (Q4) ending March 31, 2026, the company recorded revenue of ₹6,383 crore, up from ₹4,410 crore in the same period last year. The consolidated net loss for the year stood at ₹4,154 crore.
Segment-Wise Growth
The company continues to diversify its revenue streams across five key operating segments. The Supply Chain and Distribution business emerged as a significant contributor, reporting ₹10,935 crore in annual revenue. The Food Delivery segment maintained robust performance with ₹7,832 crore in annual revenue, while the Quick-commerce division (Instamart) saw a significant jump, reaching ₹3,859 crore for the year.
Strategic Highlights
Key strategic developments during the fiscal year included:
- Capital Raising: The company successfully raised ₹10,000 crore through a Qualified Institutions Placement (QIP) of equity shares.
- Asset Realignment: The company completed the sale of its entire investment in Roppen Transportation Services Private Limited (Rapido), resulting in a gain of ₹1,350 crore recognized in Other Comprehensive Income.
- Corporate Restructuring: The Board approved the transfer of the Instamart business to a subsidiary via a slump sale, effective April 1, 2026, to streamline operations.
Leadership Updates
Subsequent to the close of the financial year, the Board appointed Mr. Rahul Bothra and Mr. Phani Kishan Addepalli as Additional Directors (Executive Non-Independent) effective June 1, 2026. Additionally, Mr. Lakshmi Nandan Reddy Obul resigned as Whole time Director – Head of Innovation, effective April 10, 2026.
Source: BSE
