Swiggy has announced a significant growth in its Food Gross Order Value (GOV), which increased by 22.6% year-on-year to ₹9,005 crore for the fourth quarter of FY26. This marks the highest growth since the demand normalised post-COVID, driven primarily by an increase in order and user volumes.
The company’s platform saw a 27.2% year-on-year growth in average monthly transacting users, reaching 25.2 million. Consolidated adjusted revenue also rose by 41.3% year-on-year to ₹6,665 crore. Swiggy‘s B2C adjusted EBITDA margin improved by 181 basis points year-on-year to -3.0%, while consolidated adjusted EBITDA losses reduced to ₹652 crore, an improvement of ₹60 crore quarter-on-quarter.
In the quick commerce segment, Swiggy reported a GOV growth of 68.8% year-on-year to ₹7,881 crore. The average order value grew by 33% year-on-year to ₹700, driven by a sustained non-grocery selection mix and larger basket buying behaviour. The contribution margin improved to -1.8% of GOV, with further improvement to -1.1% in March 2026.
Swiggy’s out-of-home consumption business also showed steady profitability, with the Dineout platform crossing 52,000 average monthly active restaurant partners, a 9% increase quarter-on-quarter. The GOV for this segment grew 43% year-on-year to ₹1,245 crore, with adjusted EBITDA margins expanding to 0.8%.
The company is focusing on affordability as a key driver for growth in food delivery, with initiatives like the 99-Store and Toing marketplace. Swiggy has also been active in social security initiatives, facilitating E-Shram registration for delivery partners, with approximately 100,000 partners registered to date.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).