Integrated Filing — IndAS

General information about company
Scrip Code	544285
NSE Symbol	SWIGGY
MSEI Symbol	NA
ISIN	INE00H001014
Name of company	Swiggy Limited
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	09-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	30-Apr-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	09-May-2025   14:30:00
End date and time of board meeting	09-May-2025   15:40:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Not applicable

Financial Results Ind-AS
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	44100190000	152267550000
	Other income	1206940000	3961700000
	Total income	45307130000	156229250000
2	Expenses
(a)	Cost of materials consumed	52290000	283600000
(b)	Purchases of stock-in-trade	18491030000	59854420000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-5170000	-122750000
(d)	Employee benefit expense	6956090000	25488620000
(e)	Finance costs	321530000	1005860000
(f)	Depreciation, depletion and amortisation expense	2057300000	6122750000
(f)	Other Expenses
1	Advertising and Sales Promotion	9777270000	27117000000
2	Delivery and related charges	11613670000	44292030000
3	Others	6832690000	23212960000
	Total other expenses	28223630000	94621990000
	Total expenses	56096700000	187254490000
3	Total profit before exceptional items and tax	-10789570000	-31025240000
4	Exceptional items	0	-117010000
5	Total profit before tax	-10789570000	-31142250000
6	Tax expense
7	Current tax	0	0
8	Deferred tax	0	0
9	Total tax expenses	0	0
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	-10789570000	-31142250000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	-22250000	-25740000
16	Total profit (loss) for period	-10811820000	-31167990000
17	Other comprehensive income net of taxes	-14990000	10530000
18	Total Comprehensive Income for the period	-10826810000	-31157460000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	-10811820000	-31167990000
	Total profit or loss, attributable to non-controlling interests	0	0
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	-14990000	10530000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	-10826810000	-31157460000
21	Details of equity share capital
	Paid-up equity share capital	2286480000	2286480000
	Face value of equity share capital	1	1
27	Details of debt securities
22	Reserves excluding revaluation reserve		99908390000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	-4.6	-13.72
	Diluted earnings (loss) per share from continuing operations	-4.6	-13.72
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	-4.6	-13.72
	Diluted earnings (loss) per share from continuing and discontinued operations	-4.6	-13.72
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		EPS is not annualised for the quarter ended Mar 31 2025 Dec 31 2024 and quarter ended Mar 31 2024. n n1 The above consolidated results were reviewed and recommended by the Audit Committee and approved by the Board of Directors at their meeting held on May 09 2025. n n2 These consolidated financial results have been prepared in accordance with Indian Accounting Standards Ind AS prescribed under Section 133 of 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. n n3 During the year ended March 31 2025 the Company has completed an initial public offering IPO and received total proceeds of INR 43589.82 Millions net of issue expenses on account of fresh issue.The Companys equity shares were listed on the National Stock Exchange of India Limited NSE and BSE Limited BSE. n n4 Exceptional Items includes nParticulars Quarter ended Year ended n Mar 31 2025 Mar 31 2025 n nImpairment on property plant and equipment Nil 88.81 nIPO expenses Nil 28.20 n nPertains to certain closed dark stores and inactive kitchens where the carrying value has exceeded the recoverable amount. nPertains to listing expenses reversals on cross charge to selling shareholders incurred by the Group in connection with public offer of equity shares. n n5 The figures for the quarters ended March 31 2025 and March 31 2024 represents the difference between the audited annual financial results for the years ended March 31 2025 and March 31 2024 and the unaudited year to date results upto December 31 2024 and December 31 2023 respectively. n n7 During the year ended March 31 2025 Swiggy incorporated a wholly owned subsidiary Swiggy Sports Pvt Limited for acquiring a franchise in the World Pickleball League India Edition WBPL.

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	10591670000
	Capital work-in-progress	0
	Investment property	0
	Goodwill	6964670000
	Other intangible assets	2505190000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	13540220000
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	8883130000
	Total non-current financial assets	22423350000
	Deferred tax assets (net)	0
	Other non-current assets	18512800000
	Total non-current assets	60997680000
2	Current assets
	Inventories	554880000
	Current financial asset
	Current investments	13230570000
	Trade receivables, current	24625460000
	Cash and cash equivalents	12305680000
	Bank balance other than cash and cash equivalents	20690460000
	Loans, current	0
	Other current financial assets	16098080000
	Total current financial assets	86950250000
	Current tax assets (net)	0
	Other current assets	3550370000
	Total current assets	91055500000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	152053180000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	2286480000
	Other equity	99908390000
	Total equity attributable to owners of parent	102194870000
	Non controlling interest	0
	Total equity	102194870000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	0
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	13216100000
	Total non-current financial liabilities	13216100000
	Provisions, non-current	489810000
	Deferred tax liabilities (net)	0
	Deferred government grants, Non-current	0
	Other non-current liabilities	276420000
	Total non-current liabilities	13982330000
	Current liabilities
	Current financial liabilities
	Borrowings, current	282340000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	602830000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	17577600000
	Total Trade payable	18180430000
	Other current financial liabilities	13452050000
	Total current financial liabilities	31914820000
	Other current liabilities	3035760000
	Provisions, current	925400000
	Current tax liabilities (Net)	0
	Deferred government grants, Current	0
	Total current liabilities	35875980000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	49858310000
	Total equity and liabilites	152053180000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
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-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Food Delivery	16293130000	63617210000
2	Out of home consumption	670970000	2384500000
3	Quick commerce	6890540000	21295840000
4	Supply chain and distribution	20041160000	64175000000
5	Platform Innovation	214350000	883270000
	Total Segment Revenue	44110150000	152355820000
	Less: Inter segment revenue	9960000	9960000
	Revenue from operations	44100190000	152267550000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Food Delivery	2204990000	6025440000
2	Out of home consumption	23440000	-282540000
3	Quick commerce	-7708940000	-18960680000
4	Supply chain and distribution	-511860000	-2177900000
5	Platform Innovation	-361380000	-734200000
	Total Profit before tax	-6353750000	-16129880000
	i. Finance cost	321530000	321530000
	ii. Other Unallocable Expenditure net off Unallocable income	4136540000	4136540000
	Profit before tax	-10811820000	-31167990000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Food Delivery	0	0
2	Out of home consumption	0	0
3	Quick commerce	0	0
4	Supply chain and distribution	0	0
5	Platform Innovation	0	0
	Total Segment Asset	0	0
	Un-allocable Assets	0	0
	Net Segment Asset	0	0
4	Segment Liabilities
	Segment Liabilities
1	Food Delivery	0	0
2	Out of home consumption	0	0
3	Quick commerce	0	0
4	Supply chain and distribution	0	0
5	Platform Innovation	0	0
	Total Segment Liabilities	0	0
	Un-allocable Liabilities	0	0
	Net Segment Liabilities	0	0
	Disclosure of notes on segments	Textual Information(2)

Text Block

Textual Information(2)

6 Segment information nOperating segments are defined as components of enterprise for which discrete financial information is available that is evaluated regularly by the chief operating decision maker CODM in deciding how to allocate resources and assessing performance. The Groups chief operating decision maker is the Managing Director and Chief Executive Officer. nThe operating segment comprises of ni. Food delivery offer on demand Food Delivery services through a network of restaurant partners which is available through mobile application and website. nii. Out of home consumption offers restaurant dining solutions that we provide through Dineout and access to curated outdoor events through SteppinOut. niii. Quick commerce offer on demand grocery and a growing array of household items to users through n Instamart. niv. Supply chain and distribution offer comprehensive supply chain services to wholesalers retailers and fast moving consumer goods FMCG brands leveraging our warehousing capabilities. We streamline the value chain and ensure reliable fast and cost effective order fulfillment for wholesalers retailers and FMCG companies. nv. Platform Innovations consists of set of incubators for new service offerings to create more frequent and meaningful touchpoints for our users this segment includes business verticals such as Private Brands Swiggy Genie Swiggy Minis Insanely Good etc.

Other Comprehensive Income
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	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	54580000
2	Remeasurement loss on defined benefit plans	-14990000	-44050000
	Total Amount of items that will not be reclassified to profit and loss	-14990000	10530000
2	Income tax relating to items that will not be reclassified to profit or loss	0	0
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	0	0
5	Total Other comprehensive income	-14990000	10530000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			-31142250000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			1005860000
	Adjustments for decrease (increase) in inventories			-67980000
	Adjustments for decrease (increase) in trade receivables, current			-15207170000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-1084720000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			-1958130000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			9420280000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			955970000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			6122750000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			156770000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			1563940000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			0
	Adjustments for dividend income			0
	Adjustments for interest income			2105710000
	Adjustments for share-based payments			11728450000
	Adjustments for fair value losses (gains)			-1389660000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-130160000
	Other adjustments to reconcile profit (loss)			-48710000
	Other adjustments for non-cash items			85730000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			9047510000
	Net cash flows from (used in) operations			-22094740000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			-400020000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			-21694720000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			74670000
	Purchase of property, plant and equipment			7508110000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			160137330000
	Purchase of other long-term assets			167871510000
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			1443200000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) investing activities	-13724420000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			44990000000
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			53490000
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			1926620000
	Repayments of borrowings			3569620000
	Payments of lease liabilities			3014540000
	Dividends paid			0
	Interest paid			166670000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-1185550000
	Net cash flows from (used in) financing activities			39033730000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			3614590000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			3614590000
	Cash and cash equivalents cash flow statement at beginning of period			8691090000
	Cash and cash equivalents cash flow statement at end of period			12305680000