Integrated Filing — IndAS



General information about company

Scrip Code 544285
NSE Symbol SWIGGY
MSEI Symbol NOTLISTED
ISIN INE00H001014
Name of company Swiggy Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 29-01-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 19-01-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 29-01-2026   15:00:00
End date and time of board meeting 29-01-2026   15:35:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? Yes
No. of times funds raised during the quarter 2
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 3,16,600.00 8,85,900.00
Other income 11,800.00 35,800.00
Total income 3,28,400.00 9,21,700.00
2 Expenses
(a) Cost of materials consumed 800.00 3,400.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 59,700.00 1,83,300.00
(e) Finance costs 700.00 1,500.00
(f) Depreciation, depletion and amortisation expense 2,200.00 6,900.00
(f) Other Expenses
1 Advertising and sales promotion 1,20,100.00 3,43,900.00
2 Delivery and related charges 1,53,300.00 4,27,200.00
3 Others 80,200.00 2,31,300.00
Total other expenses 3,53,600.00 10,02,400.00
Total expenses 4,17,000.00 11,97,500.00
3 Total profit before exceptional items and tax (88,600.00) (2,75,800.00)
4 Exceptional items (900.00) (900.00)
5 Total profit before tax (89,500.00) (2,76,700.00)
6 Tax expense
7 Current tax 0.00 0.00
8 Deferred tax 0.00 0.00
9 Total tax expenses 0.00 0.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations (89,500.00) (2,76,700.00)
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period (89,500.00) (2,76,700.00)
17 Other comprehensive income net of taxes (100.00) 1,34,600.00
18 Total Comprehensive Income for the period (89,600.00) (1,42,100.00)
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 26,000.00 26,000.00
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -3.66 -11.54
Diluted earnings (loss) per share from continuing operations -3.66 -11.54
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -3.66 -11.54
Diluted earnings (loss) per share from continuing and discontinued operations -3.66 -11.54
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) EPS is not annualised for the quarter and nine months ended December 31 2025 and December 31 2024 and quarter ended Septemebr 30 2025. 1. The above standalone results were reviewed and recommended by the Audit Committee and approved by the Board of Directors at their meeting held on January 29 2026. The Statutory auditors have conducted a limited review of these unaudited standalone financial results and issued an unmodified review report thereon. 2. These standalone financial results have been prepared in accordance with the Indian Accounting Standards IndAs prescribed under Section 133 of the Companies Act 2013 along with the relevant rules issued thereunder and other accounting principles generally accepted in India and in terms of Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations 2015 as amended Listing Regulations. 3. During the year ended March 31 2025 the Company has completed an initial public offering IPO and received total proceeds of INR 4359 net of issue expenses on account of fresh issue. The Company's equity share were listed on National Stock Exchange of India Limited NSE and BSE Limited BSE. 4. Exceptional items include INR in Crore Particulars Quarter ended Dec 31 2025 Nine months ended Dec 31 2025 Statutory impact of new labour codes 9 9 6. Effective from the quarter ended June 30 2025 all comparative figures have been restated from INR million to INR crore rounded off to the nearest INR crore to maintain consistency in presentation any minor variances arising from this change are solely attributable to rounding adjustments. Further amounts which are less than half a crore are appearing as 0. 7. During the quarter ended December 31 2025 the Swiggy Employee Stock Option Trust Trust has transferred 7790269 equity shares of INR 1 each pursuant to the exercise of stock options by employees under various Employee Stock Option Schemes. 8. The Board of Directors of the Company as its meeting held on September 23 2025 approved the proposal to incorporate a step down subsidiary Swiggy Instamart Private Limited under Scootsy Logistics Private Limited for the purpose of transferring the Companys Instamart business to this indirect wholly owned subsidiary of the Company through a slump sale. The proposal was subsequently approved by the Shareholders of the Company by way of a postal ballot resolution passed on November 01 2025. The effective date of the transfer shall be such date as may be determined by the Board. 9. Ther Board of Directors of the Company as its meeting held on September 23 2025 approved the sale of the Companys entire investment in Roppen Transportation Services Private Limited Rapido for a consideration of INR 2399 crore. The transaction was subsequently approved by the shareholders through a postal ballot resolution passed in November 1 2025. The investment has been measured at the contracted sale consideration and a gain of INR 1350 crore was recognised in Other Comprehensive Income OCI during the quarter ended September 30 2025. Subsequent to the quarter end the Company has received the sale consideration. 10. During the quarter ended December 31 2025 the Company has allotted 266666663 equity shares of face value INR 1 each to eligible Qualified Institutional Buyers QIB at an issue price of INR 375 per equity share including premium of INR 374 per equity share aggregating to INR 10000 crore pursuant to Qualified Institutions Placement QIP in accordance with the provisions of Securities and Exchange Board of India Issue of Capital and Disclousre requirements Regulations the SEBI ICDR Regulations. 11.The government of India has consolidated 29 existing labour legislations into a unified framework comprising four Labour codes viz Code on wages Code on Social Security 2020 Industrial Relations Code 2020 and Occupational Safety Health and Working Conditions Code 2020 collectively referred to as Labour Codes. These labour codes govern employee related matters including employee benefits during employment and post employment and have been made effective November 21 2025. Based on managements assessment and actuarial valuation the Company has recognised the impact of additional gratuity liability arising from the implementation of the New Labour Codes as Statutory impact of new labour codes under Exceptional Items in the statement of Standalone Financial Results for the quarter and nine months ended December 31 2025 considering the non recurring nature of this impact. This incremental impact is primarily arising due to change in wage definition. The Company continues to monitor the developments pertaining to Labour Codes and will evaluate impact if any on the measurement of liability pertaining to employee benefits.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue 0.00 0.00
Revenue from operations 0.00 0.00
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost 0.00 0.00
ii. Other Unallocable Expenditure net off Unallocable income 0.00 0.00
Profit before tax 0.00 0.00
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets 0.00 0.00
Net Segment Asset 0.00 0.00
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 0.00 0.00
Disclosure of notes on segments Textual Information(2)



Text Block

Textual Information(2) The Company publishes these financial results along with consolidated financial results. In accordance with Ind As 108 Operating segments the Company has disclosed the segment information in the consolidated financial results



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Changes in fair value of equity instruments carried at fair value through other comprehensive income 0.00 1,35,000.00
2 Re measurment loss on defined benefit plans (100.00) (400.00)
Total Amount of items that will not be reclassified to profit and loss (100.00) 1,34,600.00
2 Income tax relating to items that will not be reclassified to profit or loss 0.00 0.00
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income (100.00) 1,34,600.00





Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)

Amount in (Lakhs)

Mode of Fund Raising Public Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 13-11-2024
Amount Raised 4,49,900.00
Report filed for Quarter ended 31-12-2025
Monitoring Agency Applicable
Monitoring Agency Name, if applicable Crisil Ratings Limited
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation NA
Comments of the Audit Committee after review No Comments
Comments of the auditors, if any No Comments
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 Investment in our Material Subsidiary Scootsy for repayment or pre payment in full or in part of certain or all of its borrowings Not Applicable 16,480.00 0.00 16,480.00 0.00
2 Expansion of our Dark Store network for our Quick Commerce segment through setting up of Dark Stores Not Applicable 75,540.00 0.00 55,777.00 0.00
3 Making lease license payments for Dark Stores Not Applicable 42,330.00 0.00 12,081.00 0.00
4 Investment in technology and cloud infrastructure Not Applicable 70,340.00 0.00 38,892.00 0.00
5 Brand marketing and business promotion expenses for enhancing the brand awareness and visibility of our platform across our segments Not Applicable 1,11,530.00 0.00 83,656.00 0.00
6 Funding inorganic growth through unidentified acquisitions and general corporate purposes Not Applicable 1,19,678.00 0.00 1,13,707.00 0.00
7 Expenses in relation to the Fresh Issue Not Applicable 14,002.00 0.00 13,710.00 0.00


Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (2)

Amount in (Lakhs)

Mode of Fund Raising QIP
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 13-12-2025
Amount Raised 10,00,000.00
Report filed for Quarter ended 31-12-2025
Monitoring Agency Applicable
Monitoring Agency Name, if applicable Crisil Ratings Limited
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation NA
Comments of the Audit Committee after review No Comments
Comments of the auditors, if any No Comments
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 Investment in the expansion, and operations of our quick commerce fulfilment network, including dark stores and warehouses Not Applicable 4,47,500.00 0.00 0.00 0.00
2 Investment in technology and cloud infrastructure Not Applicable 98,500.00 0.00 0.00 0.00
3 Brand marketing and business promotion expenses for enhancing the brand awareness and visibility of platform, across segments Not Applicable 2,34,000.00 0.00 0.00 0.00
4 Funding inorganic growth through unidentified acquisitions and general corporate purposes Not Applicable 2,11,864.00 0.00 11,954.00 0.00
5 Expenses in relation to the Fresh Issue Not Applicable 8,136.00 0.00 0.00 0.00


Signatory Details

Name of signatory Rahul Bothra
Designation of person Chief Financial Officer
Place Bengaluru
Date 29-01-2026