Swiggy sees 20.5% YoY growth in food delivery order value

Food and grocery delivery platform Swiggy reported that its food gross order value (GOV) has accelerated, clocking 20.5% year-on-year (YoY) growth in the December quarter.

The GOV for food delivery in Q3FY26 rose to Rs 8,959 crore from Rs 7,436 crore the previous year for the same period.

“The standout highlight was food delivery GOV growth breaking through the 20% barrier, clocking 20.5% YoY which is the highest across the last 3 years,” said Sriharsha Majety, the company’s cofounder and group chief executive, in the shareholders’ letter.


He said that the growth is driven by improvement in order volumes and the average order value (AOV).

The company has launched various services like Bolt, Health, Deskeats, Food-on-wheels, 99-Store, and more in food delivery to drive demand. This segment has been seeing slow growth for the past few quarters across platforms.

“Importantly, at ~5% quarter-on-quarter this is also the fastest growth delivered by our food delivery business for a festive quarter over the last three years, as capacity-constrained days like Christmas and New Years saw unabated demand and smooth operations, driving orders to new peaks,” Majety added.

At a group level, Swiggy reported a consolidated net loss of Rs 1,065 crore in Q3, higher than the Rs 799 crore loss recorded in the year-ago period.

Meanwhile, its revenue from operations stood at Rs 6,148 crore in Q3FY26, up 54% YoY compared with Rs 3,993 crore in the corresponding period of the previous financial year.

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