Swiggy’s ad spends up 55% in FY26

Net loss narrowed to Rs 800 crore in the quarter ended March 31, 2026

by e4m Staff
Published: May 8, 2026 5:23 PM | 1 min read

Swiggy's advertising and promotional expenses surged 55% year-on-year in FY26, reaching Rs 4,207 crore, up from Rs 2,712 crore in FY25.
In Q4 FY26, the company's ad spend was Rs 1,024 crore, a 4.7% increase from Rs 978 crore in the same quarter the previous year.
Swiggy's net loss narrowed to Rs 800 crore in Q4 FY26, compared to Rs 1,081 crore in Q4 FY25, attributed to growth in its food delivery business.
Revenue from operations for Q4 FY26 was Rs 6,383 crore, an increase from Rs 4,410 crore in Q4 FY25, with positive comments from CEO Sriharsha Majety on growth and profitability.

Swiggy significantly ramped up its marketing outlay in FY26, with advertising and promotional expenses climbing 55% year-on-year to Rs 4,207 crore, compared to Rs 2,712 crore in FY25.

In the March quarter alone, the company’s ad and marketing spend stood at Rs 1,024 crore, registering a modest 4.7% increase from around Rs 978 crore in the corresponding quarter last year.

Further, the company reported that its net loss narrowed to Rs 800 crore in the quarter ended March 31, 2026 as compared to Rs 1,081 crore in the year-ago period, driven by its food delivery business.

The revenue from operations stood at Rs 6,383 crore in Q4FY26 as compared with Rs 4,410 crore in Q4FY25.

Commenting on the results, Sriharsha Majety, MD & Group CEO, Swiggy, said, “Food delivery has grown at its strongest pace in nearly four years, crossing INR 1,000 Cr in annual adjusted EBITDA and defying scepticism around a sector slowdown, with meaningfully better margins than a year ago. Out of home continues to be a profitable and growing part of the business.”

“In quick commerce, the next phase will be defined by anticipating consumer needs, not merely fulfilling them. Unit economics continue to improve quarter on quarter, and we remain on track for contribution margin breakeven in line with our guidance. The strong balance sheet gives us room to be disciplined and deliberate as we enter FY27.”