Quarterly Result29 Jan 2026, 04:02 pm
Swiggy's Food Delivery Grows 20.5% YoY, Quick-Commerce Surges Above 100% YoY
AI Summary
Swiggy Ltd, India's leading on-demand convenience platform, reported a 20.5% YoY growth in food delivery Gross Order Value (GOV) and a 103% YoY increase in Instamart GOV for the quarter ended December 31, 2025. The food delivery business saw improved Adjusted EBITDA margins, while Instamart's contribution margins improved by ~9 bps QoQ. The company's Out of Home Consumption segment continued its profitable trajectory with a 49% YoY GOV growth. Swiggy's Platform’s Average MTU increased 37% YoY to reach 24.3 million.
Key Highlights
- Swiggy's Food Delivery Gross Order Value (GOV) grew 20.5% YoY
- Instamart GOV surged 103% YoY
- Food delivery Adjusted EBITDA up 1.5x YoY to INR 272 Cr
- Instamart contribution margins improved by ~9 bps QoQ to -2.5%
- Platform’s Average MTU increased 37% YoY to reach 24.3 million