Good results for the Q.E and Year Ended 31.03.2025 - Swiggy Ltd
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SWIGGY
Swiggy Food results highlights for the Q.E and Year Ended 31.03.2025 as below
a) Platform Gross Order Value (B2C GOV) rose 40% YoY to clock Rs 12,888 Cr; Consolidated Adjusted EBITDA loss increased to Rs 732 Cr due to significant growth investments in Quick-commerce.
b) Food delivery GOV grew 17.6% YoY; Adjusted EBITDA margins improved further to 2.9% of GOV, up from 0.5% a year ago
c) Instamart GOV growth rose to 101% YoY; Added 316 darkstores (greater than number of darkstores cumulatively added over last 8 quarters) and expanded service to 124 cities.
d) Out of Home Consumption segment turned profitable with 42% YoY GOV growth, and Adjusted EBITDA margins rising to 0.3% of GOV.
e) Platform’s Average MTU increased 35% YoY to reach 19.8 million; with 35% of all users utilizing more than one service on the platform.