Swiggy Limited has published its Annual Report for the financial year ended March 31, 2026, disclosing strong platform-wide growth across all major business segments, a significantly strengthened balance sheet, and continued progress on its sustainability agenda. The report was filed with BSE Limited and the National Stock Exchange of India Limited on July 24, 2026.

Platform-Level Financial Performance

The company's platform-level metrics reflect broad-based expansion during FY 2025-26. The following table summarises key platform and financial indicators:

More than 35% of users engaged with multiple Swiggy services during the year, reflecting growing cross-pollination across the platform's integrated ecosystem. The platform covered 720+ cities, up from 718 in the previous year, and had 649k average monthly transacting delivery partners, up 25.9% year-on-year.

Segment-Wise Performance

Food Delivery

Food Delivery delivered strong momentum, with GOV growing 20.2% year-on-year to INR 34,593 Crores. Orders increased 13.6% to 714 million, while average MTUs grew 19.2% to 17.5 million. Average Order Value rose to INR 484. Contribution margins expanded to approximately 7.5% of GOV, and Adjusted EBITDA crossed INR 1,000 Crores, with Adjusted EBITDA margins reaching approximately 2.9% of GOV. Key initiatives including Bolt, 99 Store, EatRight, DeskEats, and Food on Train contributed to category expansion and user engagement.

Quick Commerce (Instamart)

Instamart recorded GOV growth of 94.1% year-on-year to INR 28,496 Crores, while Net Order Value (NOV) grew 69.9% to INR 20,210 Crores. Orders increased 44.4% to 412 million. Average Order Value rose from INR 514 to INR 691, supported by broader assortment and higher non-grocery adoption. Average MTUs grew 73.7% to 12.3 million. Contribution margin improved to (2.8%) of GOV from (4.0%) in the previous year. The dark store network reached 1,143 active stores, up from 1,021, with total active dark store area of 4.8 million sq. ft.

Out-of-Home Consumption

Out-of-Home Consumption delivered its first full year of profitability. GOV grew 50.6% year-on-year to INR 4,645 Crores, Adjusted Revenue increased 67.3% to INR 412 Crores, and total transactions grew 58.4% to 15.1 million. Adjusted EBITDA reached INR 29 Crores, with a margin of 0.6% of GOV. Average monthly active restaurants grew 30.2% to 46,602.

Supply Chain and Distribution

The Supply Chain and Distribution segment reported revenue of INR 10,935 Crores in FY 2025-26, compared to INR 6,418 Crores in FY 2024-25. Adjusted EBITDA was INR (192) Crores.

Platform Innovations

Platform Innovations, which includes newer service experiments such as Toing and Crew, reported Gross Revenue of INR 389 Crores in FY 2025-26 and Adjusted EBITDA of INR (197) Crores.

Capital Raise and Balance Sheet Strengthening

During FY 2025-26, Swiggy completed a Qualified Institutional Placement (QIP) of INR 10,000 Crores, described as the second-largest non-BFSI QIP in India, with the issue seeing more than 4x demand from domestic and global investors. Additionally, the monetisation of the company's stake in Roppen Transportation Services Private Limited (Rapido) unlocked approximately INR 2,400 Crores. Together, these actions reinforced the company's capital base and strategic flexibility.

Standalone Financial Highlights

On a standalone basis, revenue from continuing operations grew to INR 8,258 Crores in FY 2025-26 from INR 6,667 Crores in FY 2024-25. Profit before tax from continuing operations stood at INR 416 Crores, compared to a loss of INR (157) Crores in the previous year. The standalone results also reflect the classification of the Instamart business as discontinued operations, with a loss before tax from discontinued operations of INR (3,835) Crores for FY 2025-26.

ESG and Sustainability Highlights

Swiggy achieved an 'AA' rating in the 2025 MSCI ESG Ratings assessment and a 'Leader' status with a score of 78 from NSE Sustainability Ratings & Analytics. Key environmental milestones during FY 2025-26 include:

• EV Fleet: Doubled since FY 2024-25, marking a 14x jump from the original baseline; avoided over 13,300 tCO2e emissions
• Eco Saver Feature: Eliminated 8.9 million kilometres of travel, preventing 812.6 metric tonnes of CO2e emissions
• Cutlery Opt-Out: Achieved more than 96% user adoption rate, avoiding 4,797 tonnes of CO2e
• Solar Power: Installed across 7 major warehouses with a total capacity of 2.2 MW, resulting in an annual reduction of 3,000 metric tonnes of CO2 emissions
• Cloud Optimisation: Avoided over 1,300 MtCO2e in carbon emissions during FY 2025-26

The company also distributed 225,995 meals to underserved populations during FY 2025-26 in collaboration with Haldirams and the Robin Hood Army.

Corporate Governance and AGM

The 13th Annual General Meeting of Swiggy Limited is scheduled for Tuesday, August 18, 2026, at 3:00 p.m. (IST) through video conferencing. Key agenda items include adoption of audited financial statements, re-appointment of Mr. Ashutosh Sharma as Non-Executive Nominee Director, re-classification of authorised share capital, approval of a 49.50% cap on aggregate foreign ownership, and amendments to the Articles of Association. As of March 31, 2026, the Board comprised 8 directors, including 4 independent directors. The company had a workforce of 8,052 employees across its business verticals as of FY 2025-26.

Swiggy reported a turnover of ₹12,128 crore and a net worth of ₹20,839 crore for the financial year ended March 31, 2026, according to its Business Responsibility and Sustainability Report (BRSR) filed with stock exchanges on July 24, 2026. The disclosure under Regulation 34(2)(f) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, reveals that the company sourced 98.63% of its input materials from within India, reinforcing its localized value chain strategy while maintaining a paid-up capital of ₹276 crore.

The report details Swiggy’s operational footprint, which includes 68 offices across India, with four key locations employing over 100 staff each and accounting for more than 68% of the workforce. The company employs 9,047 permanent and non-permanent employees alongside 303 workers. Grant Thornton Bharat LLP provided limited assurance on core sustainability indicators, including energy consumption, water usage, and greenhouse gas emissions, validating the data presented in the standalone report.

Key Financial and Operational Metrics

Environmental Impact and Climate Goals

Swiggy recorded total energy consumption of 8,892.49 GJ, comprising 3,490.75 GJ from renewable sources and 5,401.74 GJ from non-renewable sources. The company’s Scope 1 and Scope 2 greenhouse gas emissions totaled 1,048.85 metric tons of CO2 equivalent, while Scope 3 emissions stood at 482,070.13 metric tons. The report highlights an avoidance of 13,308 tCO2e through electric vehicle deliveries and 4,797 tCO2e via the ‘cutlery opt-out’ feature, which achieved a 96% adoption rate.

The company reaffirmed its 2030 sustainability targets, including transitioning to a 100% electric vehicle delivery fleet and sourcing 100% renewable electricity for direct operations. Its corporate headquarters in Bengaluru holds LEED O&M v4.1 Platinum certification, with 42% of its power currently sourced from renewables.

Social Governance and Human Rights

Swiggy conducted its first comprehensive Human Rights Risk Assessment (HRRA) and Climate Risk Assessment (CRA) aligned with IFRS S2/TCFD recommendations during the reporting year. The company disbursed over ₹21 crore in insurance claims to delivery partners and reported zero fatalities or high-consequence work-related injuries among employees and workers.

Grievance redressal mechanisms remained active, with 61 customer complaints filed during the year, of which 10 were pending resolution at year-end. The company also noted seven complaints filed under the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013, all of which were resolved, with five upheld. No penalties or fines were recorded for bribery, corruption, or conflict of interest violations.