Swiggy has raised the platform fee on food delivery orders to ₹14, up from the earlier ₹12, as per the news reports. The hike comes during the festive season, a period that usually records higher transaction volumes across food delivery platforms.
The company first introduced the platform fee at ₹2 in April 2023. It was increased to ₹6 by July 2024, to ₹10 in October 2024, and now to ₹14. This marks a 600% rise in just over 2 years.
As per reports, Swiggy delivers more than 2 million orders daily. At the current fee level, this translates into an additional ₹2.8 crore in revenue per day.
In Q1 FY26, Swiggy reported a net loss of ₹1,197 crore, almost double the ₹611 crore loss in the same quarter of the previous year. On a quarter-on-quarter basis, losses widened from ₹1,081 crore in Q4 FY25. The company attributed much of the financial pressure to its quick commerce division, Instamart.
Despite widening losses, Swiggy’s revenue from operations grew 54% year-on-year to ₹4,961 crore in Q1 FY26, compared with ₹3,222 crore in Q1 FY25. Sequentially, revenue rose from ₹4,410 crore in Q4 FY25.
Not only Swiggy but its Competitor Zomato has also raised platform fees repeatedly, with 5 hikes in under 2 years, as per reports. This represents a 400% increase. Both companies have tested higher charges on high-demand days, retaining them if there was no visible impact on order volumes.
Read more: Swiggy Plans to Complete Exit from Rapido, Looks to Net ₹2,500 Crore from Stake Sale!
As of August 18, 2025, 10:17 AM, Swiggy share price was trading at ₹400.70, a 0.58% increase from the previous close price.
The increase in platform fees provides additional income during the festive season while the company continues to report widening losses.
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Published on: Aug 18, 2025, 3:31 PM IST
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