SWIGGY Swiggy Q3 FY26 results (Oct–Dec 2025) and concall
Swiggy reported a strong Q3 FY26 for its Food Delivery segment, with GOV and MTU growing over 20% YoY, and contribution margins expanding by 30 basis points. In Quick Commerce, while contribution margins improved by 100 basis points, growth decelerated sequentially amidst high competitive intensity, leading to lower revenue growth and higher absolute losses. The company reiterated its commitment to achieving contribution margin zero for Quick Commerce by AMJ'26 and maintaining its overall guidance despite market challenges, emphasizing a focus on structural improvements and quality growth.
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What they filed
Q3 FY26: revenue up 54.0%, net profit down 33.3% against the same quarter last year.
| Line item | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|
| Revenue | 3,992 | 4,410 | 4,961 | 5,561 | 6,148 +54% |
| EBITDA | -726 | -964 | -955 | -799 | -783 −8% |
| Net profit | -799 | -1,081 | -1,197 | -1,092 | -1,065 −33% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
