Foodtech and quick commerce major Swiggy reported a 44.7% year-on-year growth in its operating revenue, which rose to Rs 6,383 crore in Q4 FY26 from Rs 4,410 crore in Q4 FY25. At the same time, the company managed to reduce its losses by 26% during the period. For the complete fiscal year (FY26), Swiggy’s revenue from operations grew 51% year-on-year to Rs 23,052 crore. However, the company’s losses widened by 33% to Rs 4,154 crore during the same period. Scootsy Logistics remained the largest contributor to Swiggy’s operating revenue, accounting for nearly 49% of the total. Revenue from the segment grew to Rs 3,135 crore in Q4 FY26 from Rs 2,004 crore in the corresponding quarter last year.
Swiggy’s food delivery and quick commerce businesses were the other major growth drivers. Revenue from food delivery increased 27.4% to Rs 2,075 crore, while quick commerce revenue jumped 53% to Rs 1,057 crore during the quarter. The remaining operating revenue came from segments such as dine-out services and other initiatives, including Bolt and Toing. The company also recorded Rs 266 crore as other income, taking its overall revenue to Rs 6,649 crore in Q4 FY26, compared to Rs 4,531 crore in the year-ago quarter.
On the expense front, procurement of FMCG products for supply chain distribution remained the largest cost center. Employee benefit expenses stood at Rs 667 crore, while advertising, sales promotion, delivery, and other operational expenses pushed the company’s total expenditure to Rs 7,448 crore in Q4 FY26 from Rs 5,610 crore in Q4 FY25. As revenue growth outpaced the rise in expenses, Swiggy’s losses narrowed 26% to Rs 800 crore in Q4 FY26 from Rs 1,081 crore in Q4 FY25.
About Swiggy
Swiggy is a public company based in Bengaluru (India), founded in 2013 by Sriharsha Majety, Nandan Reddy, Phani Kishan Addepalli and Rahul Jaimini. It operates as an Operator of an online platform for ordering food and groceries. As of 2026, it operates food delivery services in more than 700 Indian cities, and quick-commerce services under the name Instamart in 100 cities. The company was incorporated in 2013.