Meals supply and fast commerce firm Swiggy reported a consolidated web lack of Rs 1,065 crore for the quarter ended December 31, 2025 (Q3 FY26), widening from a lack of Rs 799 crore within the year-ago interval.

On a sequential foundation, nevertheless, losses narrowed from Rs 1,092 crore in Q2 FY26.

Income from operations rose 54% year-on-year to Rs 6,148 crore in Q3 FY26, in contrast with Rs 3,993 crore a yr earlier. On a quarter-on-quarter foundation, income grew 11% from Rs 5,561 crore within the July-September quarter. Together with different earnings from companies corresponding to Dineout, Genie and Swiggy Mini, complete income for the quarter stood at Rs 6,244 crore.

Scootsy Logistics emerged as the one largest contributor to working income, accounting for 48% of the overall. Income from Scootsy grew 76% year-on-year to Rs 2,981 crore. The meals supply enterprise contributed 33% of working income, with collections rising 25% to Rs 2,039 crore, whereas fast commerce income elevated 76% to Rs 1,016 crore.

On the platform degree, common month-to-month transacting customers grew 36.8% year-on-year to 24.3 million, with a 6% sequential improve. Consolidated adjusted income rose 51% year-on-year to Rs 6,431 crore. Consolidated adjusted EBITDA stood at a lack of Rs 712 crore, widening by Rs 16 crore quarter-on-quarter.

The B2C adjusted EBITDA margin as a proportion of B2C gross order worth declined 16 foundation factors year-on-year to minus 3.5%, although it improved 15 foundation factors sequentially.

In meals supply, gross order worth elevated 20.5% year-on-year to Rs 8,959 crore, marking the quickest development in three years. Month-to-month transacting customers on this phase grew 22% year-on-year to 18.1 million. Adjusted EBITDA improved 13.1% quarter-on-quarter to Rs 272 crore, with margins rising to three% of gross order worth, the very best degree previously two years.

Fast commerce continued to scale quickly. Gross order worth greater than doubled, rising 103.2% year-on-year to Rs 7,938 crore, marking the fourth consecutive quarter of over 100% development.

Swiggy added 34 darkish shops throughout the quarter, taking the community to 1,136 shops throughout 131 cities. Lively darkish retailer space expanded 95.5% year-on-year to 4.8 million sq. ft. Common order worth rose almost 40% year-on-year to Rs 746, pushed by a wider non-grocery assortment and bigger basket sizes.

Contribution margin improved to minus 2.5%, whereas adjusted EBITDA margin improved to minus 11.4 %. Regardless of this, losses in fast commerce elevated Rs 59 crore sequentially to Rs 908 crore.

On the associated fee facet, procurement of FMCG merchandise for provide chain distribution accounted for 38% of complete bills and elevated 76% year-on-year to Rs 2,746 crore. Supply expenses rose 36% to Rs 1,533 crore. Worker profit bills stood at Rs 673 crore, whereas promoting and promotion bills had been Rs 1,108 crore. General bills for the quarter elevated 49% year-on-year to Rs 7,298 crore.

For the nine-month interval ended December 2025, Swiggy reported a cumulative lack of Rs 3,354 crore.

Commenting on the efficiency, Sriharsha Majety, managing director and group chief government officer, mentioned the corporate continued to speed up person development and gross order worth in meals supply whereas enhancing working margins, even because it invested aggressively in fast commerce. He added that Swiggy’s confidence in its roadmap was bolstered by the profitable certified institutional placement, which strengthened the steadiness sheet and supported sustained funding in development and innovation.