Swiggy Limited — Updates, 09-05-2025: Press Release
09-05-2025 | 03:58 pm
09-05-2025 | 03:58 pm
Swiggy has announced a board meeting on the financial results for the quarter and half-year. Food delivery Gross Order Value (GOV) grew 17.6% YoY to INR 7,347 Cr, with Adjusted EBITDA margin improving to 2.9% of GOV from 0.5% last year. Quick-commerce (Instamart) GOV surged 101% YoY to INR 4,670 Cr, fueled by aggressive expansion including 316 new darkstores and presence in 124 cities, though losses widened due to investment focus. Out of Home Consumption turned profitable, with 42% GOV growth and positive EBITDA margins. Monthly transacting users rose 35% YoY to 19.8 million.
No comments yet. Be the first to comment!
