Blinkit, the quick commerce arm of Zomato, posted an adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) loss of Rs 103 crore in Q3FY25, a 16 percent increase year-on ...
Zomato’s quick-commerce business, Blinkit, is accelerating its expansion in India, but it expects losses to continue piling up as competition intensifies in India’s instant delivery market.
Zomato’s quick commerce arm Blinkit’s adjusted EBITDA loss surged about 13X to INR 103 Cr in the third quarter of FY25 (Q3 FY25) from INR 8 Cr in the preceding quarter, amid rising competition.
Investors are keenly watching the earnings report, with a specific focus on Blinkit’s growth trajectory and profitability outlook. Zomato is a clear market leader across its operating segments, ...
Blinkit, the quick commerce subsidiary of Zomato, reported a higher adjusted Ebitda loss of Rs 103 crore for the October-December quarter, up from Rs 89 crore during the same period last year. The ...