Swiggy Limited — Board Meeting, 10-05-2025: Outcome of Board Meeting

Swiggy has announced a board meeting outcome approving the audited consolidated financial results for the quarter and year ended March 31, 2025. Revenue jumped to ₹15,227 Cr from ₹11,247 Cr last year, fueled by strong growth in food delivery, quick commerce, and supply chain. The consolidated net loss widened to ₹311.7 Cr due to heavy spending on marketing and delivery infrastructure, with EBITDA still in the red. Swiggy completed an IPO, raising ₹4,359 Cr net, boosting equity to ₹2,286 Cr. It also plans to diversify by setting up a wholly owned sports franchise subsidiary.