Swiggy Raises Platform Fee to Rs 14 as Demand Soars Just Before the Festive Season

Food delivery major Swiggy has increased its platform fee on every order to Rs 14, up from Rs 12, citing a surge in customer transactions during the festive season to boost profitability and strengthen its bottom line.

Swiggy first introduced a platform fee in April 2023 to improve its unit economics. Over the past two years, the company has gradually raised the fee, observing no major impact on order volumes despite the incremental costs.

Industry analysts note that this hike in Swiggy's platform fee will be financially helpful, adding additional income for the company,even though for customers it will be quite minimal. With the festive season driving higher order volumes, the company is expected to see further gains from the platform fee hike, even as competitors continue to watch market trends closely.

Swiggy Share Price Movement

Swiggy shares closed at Rs. 397.40 on Friday, down by Rs. 3.00 or 0.75% for the day. Over the past month, the stock has gained 2%, while over the last six months, it has risen by 17.49%. However, year-to-date, Swiggy shares are down significantly, declining 26.73% so far in 2025.

Swiggy Q1FY26 Results

Swiggy, the quick commerce and food delivery giant, reported a sharp widening of losses in the first quarter of FY26 despite strong revenue growth. The company's consolidated net loss for the quarter ended June 2025 rose to Rs. 1,197 crore, almost double the Rs. 611 crore recorded in the same period last year. This came even as revenue surged 54% year-on-year to Rs. 4,961 crore from Rs. 3,222 crore in Q1 FY25.

Operating performance alsoweakened, with EBITDA loss expanding to Rs. 954 crore compared to Rs. 544 crore a year earlier. On the positive side, Swiggy's Gross Order Value for its B2C business jumped 45% year-on-year to Rs. 14,797 crore, highlighting robust demand despite mounting losses.