Swiggy Ltd

Swiggy Shifts Instamart to Subsidiary: Key Financial Insights 📊

- Instamart's revenue for FY 2024-2025 was INR 21,295.84 million, contributing 24.21% of Swiggy's standalone revenue.

- Instamart's net worth as of March 31, 2025, was INR (2,976.66) million, representing (2.48)% of Swiggy's standalone net worth.

- The sale is expected to complete after Q3 of FY 2025-26, with consideration based on the book value of Instamart's assets and liabilities.

- The rationale for the sale is to focus on long-term development and resource flexibility for the Instamart business.

- There will be no change in Swiggy's shareholding pattern post-transaction.