Swiggy Reports 48% YoY Increase in Platform Gross Order Value, Improved Adjusted EBITDA Loss

Swiggy Ltd, India’s leading on-demand convenience platform, reported robust growth and improved profitability in its Food delivery business for the quarter and half-year ended September 30, 2025. The platform gross order value (GOV) rose 48% YoY to INR 16,683 Cr, while the consolidated adjusted EBITDA loss improved by INR 118 Cr QoQ, to a loss of INR 695 Cr. The Food delivery GOV grew 18.8% YoY, with adjusted EBITDA up 2.1x YoY to INR 240 Cr. Instamart GOV growth rose to 108% YoY and 24% QoQ, led by a 40% YoY jump on AOV. The Out of Home Consumption segment continued its profitable trajectory with 52% YoY GOV growth, and the Platform’s Average MTU increased 34% YoY to reach 22.9 million.