Swiggy's Q1 FY 2025-26 Quarter Results

Result Summary

• Swiggy Ltd reported a 60.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 52.5%.
• Its expenses for the quarter were up by 70.2% QoQ and 59.8% YoY.
• The net profit increased 115.8% QoQ and increased 95.9% YoY.
• The earnings per share (EPS) of Swiggy Ltd declined at 5 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Swiggy Ltd is a prominent player in the food delivery industry, operating primarily in India. The company offers a platform that connects consumers with a wide range of restaurants and food options, facilitating online ordering and delivery services. Swiggy has been instrumental in transforming the food delivery landscape in India by leveraging technology to streamline operations and enhance user experience. The company is known for its expansive network of delivery partners and a diverse selection of restaurants. Recent developments in the industry have seen Swiggy expanding its services to include grocery delivery, aiming to capture a larger market share within the on-demand delivery sector. However, specific recent developments for Swiggy are not available in the provided data.

Revenue

During Q1FY26, Swiggy Ltd reported a total income of ₹5048.00 crores, reflecting a significant increase compared to both the previous quarter (Q4FY25) and the same quarter last year (Q1FY25). The company's total income rose by 60.6% quarter-over-quarter (QoQ) from ₹3143.24 crores in Q4FY25 and showed a year-over-year (YoY) growth of 52.5% from ₹3310.11 crores in Q1FY25. This substantial growth in revenue highlights the company's increased ability to generate income, possibly due to expanded services or increased market penetration. The provided data does not include further breakdowns or additional insights into the revenue streams.

Profitability

Swiggy Ltd reported a loss in profitability for Q1FY26, with a Profit Before Tax (PBT) of -₹1196.00 crores. This marks a significant deterioration from the previous quarter, where the PBT was -₹549.79 crores, and from Q1FY25, where the PBT was -₹610.92 crores. The PBT decreased by 117.5% QoQ and 95.8% YoY. Consequently, the Profit After Tax (PAT) mirrored this trend, showing a figure of -₹1197.00 crores for Q1FY26, compared to -₹554.77 crores in Q4FY25 and -₹611.01 crores in Q1FY25. The taxes remained at ₹0.00 crores across all quarters, indicating no tax liabilities or benefits. Earnings Per Share (EPS) also reflected this decline, with a value of -₹5.00 in Q1FY26, compared to -₹2.80 in Q1FY25, showing a YoY change of 78.6%.

Operating Metrics

The company's total expenses for Q1FY26 amounted to ₹6244.00 crores, which represents a 70.2% increase from the previous quarter's expenses of ₹3668.02 crores and a 59.8% increase from the same quarter last year, where expenses were ₹3907.96 crores. This substantial rise in expenses could be associated with strategic investments or increased operational costs. However, the data provided does not specify the nature of these expenses. The negative earnings and increased expenses suggest a challenging quarter for Swiggy Ltd, with the EPS reflecting a decline from the previous year. The data provided does not include specific operating metrics such as customer acquisition, delivery times, or market share figures.