Swiggy Limited — quarter and year ended March 31, 2026
| Sl. No. | Particulars | Quarter ended Mar 31, 2026 Audited (Refer note 13) | Quarter ended Dec 31, 2025 Unaudited | Quarter ended Mar 31, 2025 Audited (Refer note 13) | Year ended Mar 31, 2026 Audited | Year ended Mar 31, 2025 Audited |
|---|---|---|---|---|---|---|
| I | Income | |||||
| Revenue from operations | 6,383 | 6,148 | 4,410 | 23,053 | 15,227 | |
| Other income | 266 | 96 | 121 | 508 | 396 | |
| Total income | 6,649 | 6,244 | 4,531 | 23,561 | 15,623 | |
| II | Expenses | |||||
| Cost of materials consumed | 11 | 8 | 5 | 45 | 28 | |
| Purchases of stock-in-trade | 2,899 | 2,757 | 1,849 | 10,044 | 5,985 | |
| Changes in inventories of stock-in-trade | 5 | (19) | (1) | (22) | (12) | |
| Employee benefits expense | 667 | 673 | 696 | 2,716 | 2,549 | |
| Finance costs | 56 | 55 | 32 | 200 | 101 | |
| Depreciation and amortisation expense | 312 | 313 | 206 | 1,217 | 612 | |
| Other expenses | ||||||
| – Advertising and sales promotion | 1,024 | 1,108 | 978 | 4,207 | 2,712 | |
| – Delivery and related charges | 1,577 | 1,533 | 1,161 | 5,849 | 4,429 | |
| – Others | 897 | 870 | 684 | 3,445 | 2,321 | |
| Total expenses | 7,448 | 7,298 | 5,610 | 27,701 | 18,725 | |
| III | Loss before share of loss of an associate, exceptional items and tax (I-II) | (799) | (1,054) | (1,079) | (4,140) | (3,102) |
| IV | Share of loss of an associate | (1) | (1) | (2) | (4) | (3) |
| V | Loss before exceptional items and tax (III+IV) | (800) | (1,055) | (1,081) | (4,144) | (3,105) |
| VI | Exceptional items (Refer note 4) | – | (10) | – | (10) | (12) |
| VII | Loss before tax (V+VI) | (800) | (1,065) | (1,081) | (4,154) | (3,117) |
| VIII | Tax expense | |||||
| (i) Current tax | – | – | – | – | – | |
| (ii) Deferred tax | – | – | – | – | – | |
| Total tax expense (i+ii) | – | – | – | – | – | |
| IX | Loss for the period/year (VII – VIII) | (800) | (1,065) | (1,081) | (4,154) | (3,117) |
| X | Other comprehensive income/(loss), net of tax | |||||
| Items that will not be reclassified subsequently to profit or loss: | ||||||
| Changes in fair value of equity instruments carried at fair value through other comprehensive income (“FVTOCI”) (Refer note 8) | 0 | (1) | (2) | (4) | (4) | |
| Re-measurement gain/(loss) on defined benefit plans | 0 | (1) | (2) | 1,346 | 1 | |
| Other comprehensive income/(loss) for the period/year | 0 | (1) | (2) | 1,346 | 1 | |
| XI | Total comprehensive loss for the period/year, net of tax (IX+X) | (800) | (1,066) | (1,083) | (2,808) | (3,116) |
| XII | Loss for the period/year attributable to: | |||||
| Owners of the Company | (800) | (1,065) | (1,081) | (4,154) | (3,117) | |
| XIII | Other comprehensive income/(loss) for the period/year attributable to: | |||||
| Owners of the Company | 0 | (1) | (2) | 1,346 | 1 | |
| XIV | Total comprehensive loss for the period/year attributable to: | |||||
| Owners of the Company | (800) | (1,066) | (1,083) | (2,808) | (3,116) | |
| XV | Paid-up share capital (face value of ₹1 per share) | 261 | 260 | 229 | 261 | 229 |
| XVI | Other equity | 18,053 | 9,991 | |||
| XVII | Earnings/(loss) per equity share (face value of ₹1 each) (₹)* | |||||
| (i) Basic | (3.34) | (4.36) | (4.60) | (16.87) | (13.72) | |
| (ii) Diluted | (3.34) | (4.36) | (4.60) | (16.87) | (13.72) |
| Sl.No. | Particulars | As at Mar 31, 2026 Audited | As at Mar 31, 2025 Audited |
|---|---|---|---|
| I | ASSETS | ||
| Non-current assets | |||
| Property, plant and equipment | 1,304 | 1,059 | |
| Right-of-use assets | 2,344 | 1,625 | |
| Goodwill | 696 | 696 | |
| Other intangible assets | 214 | 251 | |
| Investment in an associate | 54 | 58 | |
| Financial assets | |||
| Investments | 2,711 | 1,296 | |
| Other financial assets | 1,315 | 888 | |
| Income tax assets | 161 | 125 | |
| Other assets | 111 | 101 | |
| Total non-current assets | 8,910 | 6,099 | |
| Current assets | |||
| Inventories | 76 | 55 | |
| Financial assets | |||
| Investments | 3,269 | 1,323 | |
| Trade receivables | 4,048 | 2,463 | |
| Cash and cash equivalents | 2,747 | 1,231 | |
| Bank balances other than cash and cash equivalents | 1,296 | 2,069 | |
| Other financial assets | 4,394 | 1,610 | |
| Other assets | 497 | 355 | |
| Total current assets | 16,327 | 9,106 | |
| Total assets | 25,237 | 15,205 | |
| II | EQUITY AND LIABILITIES | ||
| Equity | |||
| Equity share capital | 261 | 229 | |
| Other equity | 18,053 | 9,991 | |
| Total equity | 18,314 | 10,220 | |
| III | Liabilities | ||
| Non-current liabilities | |||
| Financial liabilities | |||
| Lease liabilities | 1,941 | 1,317 | |
| Other financial liabilities | 25 | 4 | |
| Contract liabilities | 12 | 28 | |
| Provisions | 68 | 49 | |
| Total non-current liabilities | 2,046 | 1,398 | |
| Current liabilities | |||
| Financial liabilities | |||
| Borrowings | 100 | 28 | |
| Lease liabilities | 510 | 357 | |
| Trade payables | |||
| Total outstanding dues of micro enterprises and small enterprises | 178 | 60 | |
| Total outstanding dues of creditors other than micro enterprises and small enterprises | 2,100 | 1,758 | |
| Other financial liabilities | 1,538 | 988 | |
| Contract liabilities | 28 | 22 | |
| Other liabilities | 304 | 282 | |
| Provisions | 119 | 92 | |
| Total current liabilities | 4,877 | 3,587 | |
| Total liabilities | 6,923 | 4,985 | |
| Total equity and liabilities (II+III) | 25,237 | 15,205 |
| Sl. No. | Particulars | Year ended Mar 31, 2026 Audited | Year ended Mar 31, 2025 Audited |
|---|---|---|---|
| I | Cash flow from operating activities | ||
| Loss before tax | (4,154) | (3,117) | |
| Adjustments to reconcile the loss before tax to net cash flows: | |||
| Depreciation and amortisation expense | 1,217 | 612 | |
| Income on investments carried at fair value through profit or loss | (59) | (139) | |
| Interest income on security deposits carried at amortised cost | (17) | (10) | |
| Interest expense on liabilities measured at amortised cost | 4 | 4 | |
| Gain on termination of leases | (43) | (20) | |
| Impairment on property, plant and equipment | – | 9 | |
| Reversal of impairment loss recognised in money market instruments | – | (3) | |
| Share based payment expense | 966 | 1,173 | |
| Profit on disposal of property, plant and equipment (net) | (4) | (2) | |
| Impairment allowances for doubtful debts and receivables | 68 | 22 | |
| Expenses incurred towards Initial Public Offer | – | 3 | |
| Impairment allowances for doubtful advances | 1 | 2 | |
| Interest on borrowings | 9 | 16 | |
| Interest on lease liabilities | 187 | 81 | |
| Interest income | (337) | (211) | |
| Share of loss of an associate | 4 | 3 | |
| Provision/liability no longer required written back | (34) | (5) | |
| Interest income on income tax refund | (14) | (5) | |
| Operating loss before working capital adjustments | (2,206) | (1,587) | |
| Movements in working capital: | |||
| (Increase)/decrease in inventories | (21) | (7) | |
| (Increase)/decrease in trade receivables | (1,648) | (1,521) | |
| (Increase)/decrease in other financial assets | 22 | (196) | |
| (Increase)/decrease in other assets | (142) | (108) | |
| Increase/(decrease) in trade payables | 465 | 942 | |
| Increase/(decrease) in other financial liabilities | 604 | 156 | |
| Increase/(decrease) in other liabilities | 22 | 96 | |
| Increase/(decrease) in contract liabilities | (10) | (1) | |
| Increase/(decrease) in provisions | 38 | 17 | |
| Cash used in operating activities | (2,876) | (2,209) | |
| Income tax (paid)/refund (net of TDS) | (22) | 40 | |
| Net cash used in operating activities | (2,898) | (2,169) | |
| II | Cash flow from investing activities | ||
| Purchase of investments | (26,482) | (13,392) | |
| Proceeds from sale/maturity of investments | 22,171 | 16,014 | |
| Proceeds from sale of investment in Rapido | 2,399 | – | |
| Purchase of property, plant and equipment and other intangible assets | (919) | (750) | |
| Proceeds from disposal of property, plant and equipment and other intangible assets | 8 | 7 | |
| Investment in bank deposits, net | (2,415) | (3,395) | |
| Interest received | 255 | 144 | |
| Net cash used in investing activities | (4,983) | (1,372) | |
| III | Cash flow from financing activities | ||
| Proceeds from fresh issue of equity shares | 10,000 | 4,499 | |
| Share issue expenses | (69) | – | |
| Transaction costs related to Initial Public Offer | – | (119) | |
| Proceeds from exercise of Employee Stock Option | 5 | 5 | |
| Payment of principal portion of lease liabilities | (415) | (220) | |
| Payment of interest portion of lease liabilities | (187) | (81) | |
| Proceeds from current borrowings | 490 | 74 | |
| Repayment of current borrowings | (418) | (46) | |
| Proceeds from long term borrowings | – | 119 | |
| Repayment of long term borrowings | – | (311) | |
| Interest paid | (9) | (17) | |
| Net cash generated from financing activities | 9,397 | 3,903 | |
| IV | Net increase in cash and cash equivalents (I+II+III) | 1,516 | 362 |
| Cash and cash equivalents at the beginning of the period* | 1,231 | 869 | |
| V | Cash and cash equivalents at the end of the period | 2,747 | 1,231 |
| Sl.No. | Particulars | Quarter ended Mar 31, 2026 Audited (Refer note 15) | Quarter ended Dec 31, 2025 Unaudited | Quarter ended Mar 31, 2025 Audited (Refer note 15) | Year ended Mar 31, 2026 Audited | Year ended Mar 31, 2025 Audited |
|---|---|---|---|---|---|---|
| I | Continuing operations Income | |||||
| Revenue from operations | 2,194 | 2,153 | 1,711 | 8,258 | 6,667 | |
| Other income | 301 | 108 | 149 | 629 | 598 | |
| Total income | 2,495 | 2,261 | 1,860 | 8,887 | 7,265 | |
| II | Expenses | |||||
| Cost of materials consumed | 11 | 8 | 5 | 45 | 28 | |
| Employee benefits expense | 452 | 458 | 539 | 1,882 | 1,997 | |
| Finance costs | 6 | 7 | 4 | 21 | 18 | |
| Depreciation and amortisation expense | 73 | 22 | 24 | 142 | 100 | |
| Other expenses | 458 | 452 | 367 | 1,757 | 1,414 | |
| Advertising and sales promotion | 1,029 | 1,005 | 761 | 3,843 | 3,152 | |
| Delivery and related charges | 187 | 197 | 170 | 761 | 713 | |
| Others | ||||||
| Total expenses | 2,216 | 2,149 | 1,870 | 8,451 | 7,422 | |
| III | Profit/(loss) before exceptional items and tax (I-II) | 279 | 112 | (10) | 436 | (157) |
| IV | Exceptional items (Refer note 4) | (13) | (7) | – | (20) | (44) |
| V | Profit/(loss) from continuing operations before tax (III+IV) | 266 | 105 | (10) | 416 | (201) |
| VI | Tax expense | |||||
| (i) Current tax | – | – | – | – | – | |
| (ii) Deferred tax | – | – | – | – | – | |
| Total tax expense from continuing operations (i+ii) | – | – | – | – | – | |
| VII | Profit/(loss) for the period/year from continuing operations (V – VI) | 266 | 105 | (10) | 416 | (201) |
| VIII | Loss from discontinued operations |